zaibatsu
zaibatsu
UK[zaɪˈbætsuː]US[zaɪˈbɑːtsuː]
n
a large, family-controlled industrial and financial conglomerate in japan, especially before world war ii.
Etymology
the word 'zaibatsu' is a direct borrowing from japanese, entering english in the early 20th century. it is composed of two japanese kanji characters: 'zai' (財), meaning 'wealth' or 'property', and 'batsu' (閥), meaning 'clique' or 'clan'. thus, the term literally translates to 'wealth clique' or 'financial clique'. this term was used to describe the powerful family-controlled industrial and banking combines that dominated the japanese economy from the meiji period until their formal dissolution after world war ii. the english adoption of the term reflects the need for a specific label for this unique japanese economic structure, carrying with it the full historical and cultural connotations of the original.
Analysis
this word is a direct loanword from japanese and is not productively segmented using english or western language morpheme logic. it is treated as a simplex unit in english.
Examples
the mitsubishi group was one of the most powerful zaibatsu before the war.
the postwar reforms aimed to break up the zaibatsu to democratize the economy.
some scholars argue that the old zaibatsu evolved into the modern keiretsu system.