zaitech
/ˈzaɪtɛk/
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
21
Scrabble Score
7
Letters
2
Syllables
7
Unique Chars
Meaning
noun
Application of financial engineering techniques in Japanese financial markets since their deregulation in 1984.
Uncountable
noun
Speculative financial investments, using simple financial leverage as well as financial engineering, in Japanese financial markets since their deregulation in 1984.
Uncountable
Example Sentences
- "Not all of the capital raised in this way was channeled into new plant and equipment; a large amount was used for what came to be called zaitech, or financial engineering, which included the purchase of more real estate and securities offering higher and higher yield."
- "This in turn spurred the proliferation of zaitech — sophisticated financial operations on a global scale."
- "New financial technologies, like securitization, are playing an important role […]. And the leading sources of the new positive zaitech are firms like […]"
- "Such "high-tech" financial transactions are called 'zaitech' in Japan. Many old-timers thought zaitech was sinfully speculative […]"
- "Inevitably, like the times themselves, the term zaitech later came to connote speculative and imprudent financial dabbling […]"
Etymology
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.
Origin
- Source language: English
Word Breakdown
Usage
Subject
Wiktionary places this term in Finance.