English version


From Longman Business Dictionary
Related topics: Finance
zaitechzai‧tech /ˈzaɪtek/ noun [uncountable] FINANCE in Japan, when a company buys valuable paintings, objects etc in order to hide the profits it has madeMany Japanese corporate collectors appear to have used high-priced art for tax purposes, a practice known here as ‘zaitech’.
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.