noun
property accumulation savings
A type of employee savings plan in Japan where a portion of salary is automatically deducted to build assets, often with tax benefits.
会社の財形貯蓄制度を利用して、毎月給与から天引きで貯金している。
I use my company's property accumulation savings plan to save money through monthly payroll deductions.
財形 is an abbreviation of 財形貯蓄, commonly used in compound terms like 財形年金 (property accumulation pension) or 財形住宅 (property accumulation housing).
Compound of 財形 (ざいけい, 'property accumulation') and 貯蓄 (ちょちく, 'savings'). The term is specific to Japanese employee benefit systems.