noun
cross-shareholding; cross-holding; cross ownership
Finance term referring to the practice where companies hold shares in each other, often to strengthen business relationships or deter takeovers.
日本の企業は株式持ち合いによって安定した経営を目指すことがある。
Japanese companies sometimes aim for stable management through cross-shareholding.
As the unwinding of cross-shareholdings progresses, market liquidity increases.