blue-sky

[ bloo-skahy ]
/ ˈbluˈskaɪ /

adjective

fanciful; impractical: blue-sky ideas.
(especially of securities) having dubious value; not financially sound: a blue-sky stock.

Origin of blue-sky

First recorded in 1890–95

British Dictionary definitions for blue sky

blue-sky

blue-skies


noun

(modifier) of or denoting theoretical research without regard to any future application of its result a blue-sky project

verb -skies, -skying or -skied

to theorize (about something that may not lead to any practical application)