white knight
English
Alternative forms
- white-knight, whiteknight (for verb only)
Noun
white knight (plural white knights)
- (business) An individual or corporation that intends to acquire another company in order to avert a hostile takeover.
- Coordinate terms: black knight, grey knight
- 2010 August 23, “Vale Denies It Is Potash's White Knight”, in NY Times DealBook[1]:
- Forget about one possible white knight for Potash. Vale, the big Brazilian mining company, denied on Monday afternoon that it was in talks to acquire the giant Canadian fertilizer company.
- (fiction) A hero, savior, or righteous individual.
- Antonym: black knight
- (figurative, derogatory) Someone who unnecessarily defends someone else.
- 2013 July 26, James Taranto, “A Strange Sort of Justice at West Point”, in The Wall Street Journal[2]:
- After hearing her version of events, Lt. Wright assumed the role of white knight. He demanded that she file a formal complaint. She demurred, so the next day, over her objection, he alerted the academy.
- A mushroom of species Tricholoma album.
- Used other than figuratively or idiomatically: see white, knight.
- The white knight is attacking the pawn on e4.
Derived terms
- (psychology): white knight syndrome
Translations
individual or corporation that intends to acquire another company in order to avert a hostile takeover
Hero
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Verb
white knight (third-person singular simple present white knights, present participle white knighting, simple past and past participle white knighted)
- (figurative, derogatory) To unnecessarily defend someone, especially in an attempt to gain favour.
Translations
to unnecessarily defend someone
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See also
References
- John Smullen, Nicholas Hand, editors (2005), “white knight”, in A Dictionary of Finance and Banking, 3rd edition, Oxford University Press, →ISBN, page 430