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Of or being a long-established business known for reputable service and a wealthy clientele: "took a job at ... [a] pronouncedly white-shoe investment-banking firm" (Connie Bruck).
[From the white buckskin shoes once commonly worn by Ivy League undergraduates and considered typical dress of the American upper class.]
of or pertaining to members of the upper class who own or run large corporations: white-shoe bankers; a conservative white-shoe image.
[1975–80; appar. from the white shoes popular as moderately formal wear among suburban men]
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|Adj.||1.||white-shoe - denoting a company or law firm owned and run by members of the WASP elite who are generally conservative; "the politician tried to hide his white-shoe background"|
colloquialism - a colloquial expression; characteristic of spoken or written communication that seeks to imitate informal speech
exclusive - excluding much or all; especially all but a particular group or minority; "exclusive clubs"; "an exclusive restaurants and shops"