縁故募集
Meanings
1
recruiting through personal connections; referral-based hiring
Used in employment contexts where candidates are sought via personal networks, introductions, or connections rather than open public advertisement.
That company often hires employees through personal connections.
2
private offering; private placement
Financial term for offering stocks or securities to a limited group of investors, often through existing relationships, rather than a public offering.
The new shares were issued through a private placement.