Word: White Squire
Part of Speech: Noun
Definition: A "white squire" is a term used in business and finance. It refers to an investor or a company that steps in to buy a stake (a share or interest) in another company, but does not buy enough shares to take control of that company. This is similar to a "white knight," which is someone who helps another company avoid a takeover, but a white squire buys less than 50% of the shares.
Understanding the term "white squire" is useful for discussions about finance and investments.