designating or characteristic of a business company, esp. a law firm or brokerage, in which the partners belong almost exclusively to the white, Protestant, upper-class elite and are thought of as being conservative
Origin of white-shoefrom the white shoes fashionable at Ivy-League colleges in the 1950s
Of or being a long-established business known for reputable service and a wealthy clientele: “took a job at &ellipsis; [a] pronouncedly white-shoe investment-banking firm” (Connie Bruck).
Origin of white-shoeFrom the white buckskin shoes once commonly worn by Ivy League undergraduates and considered typical dress of the American upper class.
- (US, slang) A stereotypical Ivy League student.
(comparative more white-shoe, superlative most white-shoe)