white knight Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “white knight” in the English Dictionary

"white knight" in British English

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white knightnoun [C]

uk   us  
a ​person or ​organization that ​saves a ​company from ​financial difficulties or from a takeover by putting ​money into the ​company or by ​buying it
(Definition of white knight from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"white knight" in Business English

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white knightnoun [C]

uk   us   FINANCE
a ​person or ​company that ​buysshares in a ​company to ​stop someone else taking ​control of it in a takeover: A Saudi ​billionaire is a ​potential white knight for the ​troubledhotelchain.a white knight bid/bidder The Italian ​group has made little ​secret of its desire to ​attract a white knight ​bidder.
(Definition of white knight from the Cambridge Business English Dictionary © Cambridge University Press)
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