noun
a loose coalition of business groups.
Keiretsu “a loose coalition of business groups” is a compound of Japanese kei “series” and retsu “line, row.” As with many words in Japanese, both kei and retsu are originally borrowings from Middle Chinese, which exerted substantial influence on other languages in East Asia, from Japanese and Korean in the north to Vietnamese in the south. Kei is cognate with Mandarin xì, while retsu is cognate with Mandarin liè—though the common origin is clearer if we compare kei and retsu with Cantonese hai and lit. Because Mandarin gradually lost the majority of final consonants present in Middle Chinese, liè ends with a vowel, while Japanese retsu and Cantonese lit preserve the final “tuh” sound that existed in Middle Chinese. Keiretsu was first recorded in English in the late 1970s.
At dinner parties in Silicon Valley, entrepreneurs brag about having them. At conferences, investors discuss building them. What’s grabbing all the attention? Keiretsu …. The word originated in post-war Japan to describe the powerful groups of intertwined companies that developed as the country rebuilt its economy. The keiretsu replaced the zaibatsu, a system of large, family-held holding companies.
The country’s industrial groups, or keiretsu, are chummy clubs, and banks were willing to quietly bail out a troubled firm with “no questions asked” loans. It was not until the late 1990s that the Japanese government stepped in and began forcing banks to come clean about bad loans.
adjective
deserving or having special recognition for achievement, as for poetry.
Laureate “having special recognition for achievement” is adapted from Latin laureātus “crowned with laurel,” ultimately from laurus “bay tree, laurel.” Though laurus is of uncertain origin and may come instead from a long-lost language of the Mediterranean, a popular theory is that laurus is related somehow to Ancient Greek dáphnē. This theory is partially based on the occasional change of Old Latin d into Classical Latin l, as with lacrima “tear” from earlier dacrima and lingua “tongue” from earlier dingua. Laureate was first recorded in English in the late 14th century.
As an assistant editor on the desk, I wrote to the nation’s many state poets laureate—nearly every state has one—and asked them to provide us with some words of gratitude in a relentlessly difficult year …. The nation’s poets laureate have a real sense of mission. They aim to encourage an appreciation for poetry, to challenge us, to generate some buzz for the art form.
noun, verb (used without object)
to descend by moving down a steep incline or past an overhang by means of a double rope secured above and placed around the body.
Abseil “to descend down an incline by means of a rope” is a borrowing of German abseilen, which is a compound of ab- “down” and seilen “to rope.” Because German and English are related, German ab- is a cognate of English of and off; this makes German Ablaut, which refers to the vowel change in the verb sing–sang–sung, equivalent to English off loud. However, German seilen does not have a relative in modern standard English. Old English had sāl “rope,” but this survives today only in dialectal English as sole “a rope for tying up cattle.” Abseil was first recorded in English in the early 1930s.
Over the Easter weekend, the Hatton Garden Safe Deposit company–based in the heart of London’s principal jewelery quarter–was raided. The circumstances of the case have yet to be established, but initial reports speculate that the perpetrators may have abseiled down an elevator shaft and broken through the wall of the vault with heavy-duty cutting equipment, before finally using drills to get into the deposit boxes.
India, China, Russia, Spain and the United States all have deposits of jet, the pitch-black gem that actually is a form of coal. But the jet found along a seven-and-a-half-mile stretch of rugged coastland around Whitby, a remote Yorkshire fishing town, is considered the world’s best. Jacqueline Cullen, a London designer credited with some of the renewed interest in jet jewelry, gets her supplies from a Whitby resident who abseils down the cliffs to search abandoned Victorian mines, really just small holes chiseled into the rock face.