Definition of sokaiya in English:

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sokaiya

Pronunciation: /ˌsōˈkīyə/

noun (plural same)

A holder of shares in a Japanese company who tries to extort money from it by threatening to cause trouble for executives at a general meeting of the shareholders.
Example sentences
  • Companies also hire a sokaiya to keep other sokaiya and sometimes legitimate shareholders under control.
  • Many companies are thought to pay bribes to sokaiya to stop them asking questions they don't want to answer.
  • The sokaiya have operated with an eye toward balancing how much money they get versus the penalty they might get.

Origin

Japanese, from sōkai 'general meeting' + -ya 'dealer'.

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