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elephant

elephant UK US /ˈelɪfənt/ noun [C] INFORMAL

► a very large organization, often one that is slow to do things or react to events: »

The elephant banks were once thought to be too large to fail.

→ Compare GAZELLE(Cf. ↑gazelle)

→ See also WHITE ELEPHANT(Cf. ↑white elephant)

Financial and business terms. 2012.