Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun Application of financial engineering techniques in Japanese financial markets since their deregulation in 1984.
  • noun Speculative financial investments, using simple financial leverage as well as financial engineering, in Japanese financial markets since their deregulation in 1984.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

From Japanese 財テク (zaiteku, "money management"), from blend of 財務 (zaimu, "financial dealings") and テクノロジー (tekunorojii, "technology"), the latter, from English technology. The -tech in zaitech reflects the original borrowing of English technology.

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Examples

  • One focus will be the company's actions around the 2000/01 fiscal year, when Japan switched to market-value accounting and when many companies were forced to come clean on losses from so-called "zaitech" investment schemes.

    Reuters: Top News 2011

  • One focus will be the company's actions around the 2000/01 fiscal year, when Japan switched to market-value accounting and when many companies were forced to come clean on losses from so-called "zaitech" investment schemes.

    Reuters: Top News 2011

  • Companies routinely poured billions of yen into speculative trades - moves called "zaitech," or "financial techniques" - that turned sour when the bubble burst in 1990.

    NYT > Global Home By HIROKO TABUCHI 2011

  • Companies routinely poured billions of yen into speculative trades - moves called "zaitech," or "financial techniques" - that turned sour when the bubble burst in 1990.

    NYT > Home Page By HIROKO TABUCHI 2011

  • The stock-market bust in Japan was also far more lethal than in the United States because of cross-holding by companies of other companies 'shares (the zaitech craze, which was really just a fancy word for corporate gambling).

    The Summer Of Our Discontent 2008

  • It was an enthusiastic investor in derivatives and other risky investments under Toshiro Shimoyama, president from 1984 to 1993, who told the Nikkei industrial daily newspaper in 1986: "When the main business is struggling, we need to earn through zaitech - though doing too much is no good."

    NYT > Home Page By HIROKO TABUCHI 2011

  • It was an enthusiastic investor in derivatives and other risky investments under Toshiro Shimoyama, president from 1984 to 1993, who told the Nikkei industrial daily newspaper in 1986: "When the main business is struggling, we need to earn through zaitech - though doing too much is no good."

    NYT > Global Home By HIROKO TABUCHI 2011

  • Very Orwellian. zaitech ` Financial engineering in Japanese technology companies applied as a way of bolstering profits. '

    VERBATIM: The Language Quarterly Vol XIX No 3 1993

Comments

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  • this is very cyberpunk

    October 22, 2020