Definition of "zaibatsu" []

• A powerful family-controlled commercial combine of Japan. (noun)
• A Japanese conglomerate or cartel. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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• "Korea, which was a Japanese colony for most of the first half of this century, took the family-network practice from Japan, where it was called zaibatsu until the holding companies were disbanded by General MacArthur at the end of World War II."
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