Meaning of keiretsu | Babel Free
/keɪˈɹɛtsu/Definitions
A set of Japanese companies with interlocking business relationships and shareholdings.
Examples
“Japan's keiretsu—or families of firms in large scratch-each-other's back networks—supported this or that faction in the LDP, producing a highly successful, structurally corrupt model of economic development that showed remarkable resilience through Japan's high growth economic period.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.