Word: Keiretsu
Speech Type: Noun
Etymology:
Japanese, from kei ‘systems’ + retsu ‘tier’
Audio Pronunciation:
Phonetic Spelling:
keɪˈrɛtsuː
Dialects: British English
Definition:
(in Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
Short Definition:(in Japan) conglomeration of businesses linked together by cross-shareholdings
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