📚 Keiretsu, noun. 🔉 /keɪˈrɛtsuː/ 🇬🇧 ❓ Definition: (in Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure. ❗️ Examples: 1. 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. 2. Once bitter rivals, they were effectively forced together as the unwinding of Japan's keiretsu led to increased rivalry at home. 3. Until the mid-1990s about half of equities in Japan were held by banks, a legacy of the keiretsu cross-shareholding networks. 4. They're looking at a Japanese style of business, a keiretsu. 5. The weak control over lending was allowed because of the keiretsu tradition, which links companies with their banks via complex cross-shareholdings. ━━━━━━━━━━━━━ 🌀 @cambridge_dic