white knight

noun

Definition of white knight

1 : one that comes to the rescue of another especially : a corporation invited to buy out a second corporation in order to prevent an undesired takeover by a third
2 : one that champions a cause

Examples of white knight in a Sentence

a deserving cause in need of a charismatic white knight who will galvanize public support
Recent Examples on the Web Congress institutionalized the Fed chairman’s role as economic white knight with the dual mandate of price stability and maximum employment in the 1978 Humphrey-Hawkins Act. French Hill And Amity Shlaes, WSJ, 29 July 2022 And tech entrepreneur Alexis Ohanian also offered to be the Choco Taco’s white knight. Emily Heil, Anchorage Daily News, 26 July 2022 And tech entrepreneur Alexis Ohanian also offered to be the Choco Taco’s white knight. Emily Heil, Washington Post, 26 July 2022 The United States wasted no time in positioning itself as a kind of white knight for Europe’s energy needs. New York Times, 6 July 2022 Notably, a few weeks ago, Bankman-Fried was rumored as a white knight for Terra Luna and the stablecoin UST, which at the time had de-pegged from the U.S. dollar. Alex Tapscott, Fortune, 28 June 2022 Under pressure to lock in the 38% premium and lacking a ‘white knight’ bidder to serve as a viable alternative, the social media company’s board voted unanimously late last month to recommend the deal move forward. Christiaan Hetzner, Fortune, 3 May 2022 The board enacted a poison pill, a defensive measure, trying to really give them time to look for a second bidder or a white knight. USA TODAY, 26 Apr. 2022 Another option for Twitter is lining up a white knight to help save it from Musk’s unsolicited offer, a move that could spark a bidding war that benefits shareholders no matter who wins. Michelle F Davis, Bloomberg.com, 21 Apr. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'white knight.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of white knight

1628, in the meaning defined at sense 1

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Time Traveler for white knight

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The first known use of white knight was in 1628

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Dictionary Entries Near white knight

white kite

white knight

white-knuckle

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Last Updated

10 Aug 2022

Cite this Entry

“White knight.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/white%20knight. Accessed 16 Aug. 2022.

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More Definitions for white knight

white knight

noun

Legal Definition of white knight

: a party (as a corporation) invited to take over a corporation and thereby prevent its acquisition by another — compare raider

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