Japanese Business Glossary

求償権 (kyushoken) refers to the "right of recourse" or "right of indemnity" in English. This legal right allows an individual or entity who has paid a debt or fulfilled an obligation on behalf of another party to seek reimbursement from the party originally responsible for the debt or obligation.

For example, if a guarantor pays off a loan on behalf of a borrower, the guarantor has the kyushoken to demand repayment from the borrower. This right ensures that the person who has taken on the financial burden or legal responsibility can recover their costs from the party that ultimately owes the obligation.

該当 (gaito) means "relevant," "applicable," or "corresponding" in English. It is used to describe something that fits or matches certain conditions, criteria, or situations.

所在 (shozai) refers to the "whereabouts," "location," or "place" of something or someone. It indicates the specific place where an object or person is located or can be found. This term is commonly used in both everyday and formal contexts to describe the position or location of various entities.

上京 (jokyo) refers to the act of going to the capital city, specifically Tokyo. Historically, it meant traveling to Kyoto, which was the capital of Japan until the Meiji Restoration in the late 19th century. Today, it commonly means moving to or visiting Tokyo, the current capital. This term is often used when people from other regions of Japan relocate to Tokyo for work, study, or other reasons.

承諾 (shodaku) means "consent," "approval," or "acceptance" in English. It refers to the act of agreeing to or approving a request, proposal, or offer. This term is often used in formal or legal contexts to indicate that someone has given their permission or agreed to certain terms or conditions.

生命保険 (seimei hoken) means "life insurance" in English. It is a type of insurance policy that provides financial protection to beneficiaries in the event of the policyholder's death. The policyholder pays regular premiums to the insurance company, and in return, the insurer agrees to pay a lump sum, known as the death benefit, to the designated beneficiaries upon the policyholder's death. Life insurance can help cover various expenses, such as funeral costs, outstanding debts, and living expenses for the surviving family members.