Meaning of “zaitech” in the English Dictionary


"zaitech" in Business English

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zaitechnoun [ U ]

uk /ˈzaɪtek/ us FINANCE

in Japan in the 1970s and 80s, the practice of companies investing money borrowed at low interest rates so as to show higher profits than they got from their business activities alone:

During the Japanese bull market of the 1980s , much adverse comment focused on the extent to which these companies engaged in zaitech.

(Definition of “zaitech” from the Cambridge Business English Dictionary © Cambridge University Press)