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keiretsu

 - 3 dictionary results

kei⋅ret⋅su

[key-ret-soo]
–noun, plural ‑su.
(esp. in Japan) a loose coalition of business groups.

Origin:
1975–80; < Japn
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To keiretsu
kei·ret·su   (kā-rět'sōō)   
n.   pl. keiretsu or kei·ret·sus
A network of businesses that own stakes in one another as a means of mutual security, especially in Japan, and usually including large manufacturers and their suppliers of raw materials and components.

[Japanese, series, affiliation : kei, system + retsu, row, line.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Keiretsu

A Japanese term describing a loose conglomeration of firms sharing one or more common denominators. The companies don't necessarily need to own equity in each other.

Investopedia Commentary

This term has been in the news every now and then, especially when they talk about Silicon Valley. One example would be the close relationship between AOL and Sun Micro. The two firms don't have ownership in each other, but they work closely on various projects.

Related Links

Dragons, Samurai Warriors, And Sushi On Wall Street

See also: Joint Venture, Partnership, Silicon Valley, Strategic Alliance

Also spelled: keiritsu

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