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

EMPLOYEE COMPENSATION is wage and salary payments as well as benefits including health and life insurance, retirement payments, and any other non-cash compensation.

PERMANENT AUDIT DOCUMENTATION includes items of continuing accounting significance, such as the analysis of balance sheet accounts and contingencies. Such information from a prior year is used in the current audit and updated each year. Sometimes called the continuing file.

Suggest a Term

Enter Search Term

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