Definition of keiretsu in English:

keiretsu

Syllabification: kei·ret·su
Pronunciation: /kāˈretso͞o
 
/

noun (plural same)

  • (In Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
    More example sentences
    • He said Singapore banks should avoid the problem now posed by Japan's keiretsu system, which links a group of companies with a main bank.
    • Once bitter rivals, they were effectively forced together as the unwinding of Japan's keiretsu led to increased rivalry at home.
    • Until the mid-1990s about half of equities in Japan were held by banks, a legacy of the keiretsu cross-shareholding networks.

Origin

Japanese, from kei 'systems' + retsu 'tier'.

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