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.
More 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.
Japanese, from sōkai 'general meeting' + -ya 'dealer'.
Definition of sokaiya in:
- The US English dictionary