Meaning & use

zaibatsu

noun·Advanced

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A large Japanese business conglomerate, especially one of the powerful family-controlled industrial groups that dominated Japan's economy before World War II.

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The Mitsubishi zaibatsu controlled shipping, banking, and manufacturing before the war.

Historians study how the zaibatsu were broken up during the Allied occupation of Japan.

A note on using this word

A Japanese loanword used in English mainly in historical and economic writing about Japan's industrial history.

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