Definition of keiretsu in English:

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keiretsu

Pronunciation: /keɪˈrɛtsuː/

noun (plural same)

(In Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
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'.

For editors and proofreaders

Line breaks: kei|retsu

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