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white-shoe

[hwahyt-shoo, wahyt] /ˈʰwaɪtˈʃu, ˈwaɪt/
adjective
1.
of or relating to members of the upper class who own or run large corporations:
white-shoe bankers; a conservative white-shoe image.
Origin
1975-1980
1975-80; apparently from the white shoes popular as moderately formal wear among suburban men c1980
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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