tokkinn.

/ˈtɒkɪn/

Forms: Plural unchanged; (anglicized) -s.

Etymology: Japanese, acronym < Tok(utei Kin(sen Shintaku, lit. ‘specifically oriented money in trust’.

In Japan, a type of short-term corporate investment fund managed by a trust bank, providing a reduction of tax liability and other financial advantages. Frequently attributive.

ΘΚΠ

society > trade and finance > stocks and shares > stocks, shares, or bonds > [noun] > other investment funds

investment fund1784

investment vehicle1920

I.R.A.1921

no-load1963

hedge fund1966

swap fund1966

offshore fund1969

roll-up fund1983

tokkin1985

PEP1986

rolled-up1987

society > trade and finance > stocks and shares > stocks, shares, or bonds > [adjective] > types of investment trust

open-end1931

closed-end1952

no-load1959

tokkin1985

1985 Financial Times 9 Jan. ii. 22/3 According to Nomura Capital Management the size of these trust funds, or Tokkin accounts as they are called, is now about Y1,000bn ($3.9bn).

1985 Financial Times 10 June i. 32/8 Tokkin are..performance-oriented funds and are frequently invested in speculative and volatile shares.

1988 Daily Tel. 7 Jan. 15 The [Japanese] Ministry of Finance intends allowing even greater investment in tokkin funds. Life assurance companies, which could previously put only 3 p.c. of their money in tax-efficient tokkins, will be able to invest 5 p.c.

1990 Fortune 7 May 65/2 The drop so far in 1990 has been largely confined to two relatively small groups, foreign investors and so-called tokkin funds.

This entry has not yet been fully updated (first published 1993; most recently modified version published online September 2018).

单词	tokkin
释义	tokkinn. /ˈtɒkɪn/ Forms: Plural unchanged; (anglicized) -s. Etymology: Japanese, acronym < Tok(utei Kin(sen Shintaku, lit. ‘specifically oriented money in trust’. In Japan, a type of short-term corporate investment fund managed by a trust bank, providing a reduction of tax liability and other financial advantages. Frequently attributive. ΘΚΠ society > trade and finance > stocks and shares > stocks, shares, or bonds > [noun] > other investment funds investment fund1784 investment vehicle1920 I.R.A.1921 no-load1963 hedge fund1966 swap fund1966 offshore fund1969 roll-up fund1983 tokkin1985 PEP1986 rolled-up1987 society > trade and finance > stocks and shares > stocks, shares, or bonds > [adjective] > types of investment trust open-end1931 closed-end1952 no-load1959 tokkin1985 1985 Financial Times 9 Jan. ii. 22/3 According to Nomura Capital Management the size of these trust funds, or Tokkin accounts as they are called, is now about Y1,000bn ($3.9bn). 1985 Financial Times 10 June i. 32/8 Tokkin are..performance-oriented funds and are frequently invested in speculative and volatile shares. 1988 Daily Tel. 7 Jan. 15 The [Japanese] Ministry of Finance intends allowing even greater investment in tokkin funds. Life assurance companies, which could previously put only 3 p.c. of their money in tax-efficient tokkins, will be able to invest 5 p.c. 1990 Fortune 7 May 65/2 The drop so far in 1990 has been largely confined to two relatively small groups, foreign investors and so-called tokkin funds. This entry has not yet been fully updated (first published 1993; most recently modified version published online September 2018). < n.1985
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