WHITE KNIGHT Definition

Bookmark and Share

WHITE KNIGHT is an entity that comes to the rescue of a corporation that is being taken over.

Learn new Accounting Terms

RESTRUCTURING is the termination of employees and the reorganization of those remaining; can include reductions in plant and equipment. Restructuring is usually implemented to realize cost savings.

VENDOR MANAGED INVENTORY (VMI) is a process in which a supplier generates orders for its distributor based on demand information sent by the distributor. Vendor Managed Inventory was first applied to the grocery industry, between companies like Procter & Gamble (supplier) and Wal-Mart (distributor). But increasingly, Vendor Managed Inventory is providing the benefits of smoother demand, increased sales, lower inventories and reduced costs to other industries.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.