noun
Japanese National Railways Settlement Corporation; JNR SC
A former public corporation established in 1987 to manage the long-term debts and assets of the privatized Japanese National Railways (JNR).
日本国有鉄道清算事業団は、国鉄の債務を処理するために設立された。
The Japanese National Railways Settlement Corporation was established to handle the debts of the national railways.
Compound of 日本国有鉄道 (Japanese National Railways) + 清算 (settlement, liquidation) + 事業団 (public corporation). The name reflects its purpose of settling the financial affairs of the former JNR.