zaitech

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Etymology[edit]

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.

Noun[edit]

zaitech (plural zaitechs)

  1. Application of financial engineering techniques in Japanese financial markets since their deregulation in 1984.
    • 1996, Walter Hatch, Asia in Japan's Embrace: Building a Regional Production Alliance, page 21,
      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.
    • 1998, Frank Gibney (ed.), Unlocking the Bureaucrat's Kingdom: Deregulation and the Japanese Economy, page 84
      This in turn spurred the proliferation of zaitech — sophisticated financial operations on a global scale.
    • 2000, Stephen M. Harner, Japan's Financial Revolution and How American Firms Are Profiting, page 217,
      New financial technologies, like securitization, are playing an important role [...]. And the leading sources of the new positive zaitech are firms like [...].
  2. Speculative financial investments, using simple financial leverage as well as financial engineering, in Japanese financial markets since their deregulation in 1984.
    • 1993, Roy C. Smith, Comeback: The Restoration of American Banking Power in the New World Economy, page 245
      Such "high-tech" financial transactions are called 'zaitech' in Japan. Many old-timers thought zaitech was sinfully speculative […]
    • 2000, Stephen M. Harner, Japan's Financial Revolution and How American Firms Are Profiting, page 217,
      Inevitably, like the times themselves, the term zaitech later came to connote speculative and imprudent financial dabbling […]