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Finance Dictionary and Glossary of Investment Terms
Keiretsu
Definition 1.
A network of Japanese companies organized around a major bank.
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Definition 2.
A Japanese term describing a loose conglomeration of companies organized around a single bank for their mutual benefit. The companies sometimes, but not always, own equity in each other.
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Definition 3.
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.
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