white knight
noun[C]
uk/ˌwaɪt ˈnaɪt/us/ˌwaɪt ˈnaɪt/apersonor thing thathelpssomeone who is in adifficultsituation:
For thesepropertyowners, theInstituteforJusticeis awhiteknightthat's come tofightfor them andsavetheirhomes.
Hebecamesomething of awhiteknightfor hisparty, asymbolofyouthandfreshideas.
businessspecialized
apersonororganizationthatsavesacompanyfromfinancialdifficultiesor from anunwantedtakeover(= asituationin which acompanygetscontrolof anothercompany)by puttingmoneyinto thecompanyor bybuyingit:
Theboarddecidedtofileforbankruptcyandseekawhiteknight.
Awhiteknighthasgallopedto theaidof thecompanyand willacquireit for more than $11billion.
- Republicans haveseenhim as awhiteknightwho willrescuethepartyfrom having tochooseamongcandidatesunacceptableto conservatives.
- The 13-episodeserieswasshotayearago and hassaton ashelfsince thenwaitingfor awhiteknighttorescueit.
- Theallianceofindependentluxuryhotelsisseekingprivateinvestorswho arereadytostepin aswhiteknightsifbigchainstrytogobbleupitsvulnerablemembers.
- ThecompanyfoundawhiteknightwhenBrownElectronicssnappedit up for $180million lastmonth.
Protection and protectors
- adopt
- adoptable
- aegis
- anti-shark
- anti-skid
- chaperone
- custodian
- CVV
- cybersecurity
- defence mechanism
- den mother
- doorkeeper
- muzzle
- precaution
- preservationist
- rewilding
- ring-fence
- safe space
- safeguarding
- safekeeping
You can also find related words, phrases, and synonyms in the topics:
Mergers & acquisitions
Traders & entrepreneurs