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white knight

Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson

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a white knight

someone who gives money to a company in order to prevent it from being bought by another company. Hope is fading that a white knight will appear to stop the takeover bid.

See also: knight, white

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? References in classic literature
On the second day Iron Hans equipped him as a white knight, and gave him a white horse. Fairy Tales by Grimm, Jacob and Wilhelm View in context (in which Alice had put 'THE WHITE KNIGHT IS SLIDING DOWN THE POKER. Through the Looking Glass by Carroll, Lewis View in context More results

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white
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