徳政
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Meanings
1
benevolent rule; debt moratorium
Historical term. In ancient China and early Japan, it referred to virtuous governance. In medieval Japan, it specifically meant a government-ordered cancellation or reduction of debts, often to relieve samurai or commoners.
In the Kamakura period, the shogunate often issued debt-cancellation edicts (tokuseirei) to wipe out debts.
The word 'tokusei' originally meant benevolent governance by a ruler.