Elephant, white (white elephant)

Auch in: DE ES FR

In jargon, an engagement that is so costly to maintain or operate that it is impossible to make a profit even in the foreseeable future. – The term is often used in connection with prestigious branch offices of banks, which lack nothing except customers and thus turnover. The term is used in the case of oversized prestige buildings and sometimes also in the case of a sandcastle. In the case of German institutions, however, such commitments are completely unknown. – See exclusion marking, banking power, veto right.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

Zitieren

Merk, G. (Hrsg.): „Elephant, white (white elephant)“. In: Finanz- und Wirtschaftslexikon. https://www.gerhardmerk.de/elephant-white-white-elephant/ (Stand: 25.07.2023).

Die von Universitätsprofessor Dr. Gerhard Merk begründete Sammlung wird seit Herbst 2014 von Professor Dr. Dr. h.c. Eckehard Krah redaktionell fortgeführt und um neue Begriffe ergänzt. Sollten Sie Fehler entdecken oder sonstige Hinweise haben, schreiben Sie an: info@ekrah.com

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