Tokkin

(redirected from tokkin fund)

Tokkin

A fund or investment company owned by a Japanese corporation (other than a financial services company). A tokkin invests in speculative, often high risk securities in Japanese companies.
References in periodicals archive ?
One of the most common Zalteku maneuvers entails the issuance of low (cost) coupon convertible bonds or bondwanant units, often denominated in foreign currencies but swapped into Yen The proceeds are then invested, in tokkin funds that facilitate tax-favored speculation in stocks.