Investment - throw

Japanese: 投銀 - なげがね

In the early Edo period, during the heyday of red seal ship trade, wealthy Japanese merchants lent funds to overseas trading ships. This was a highly speculative scheme, with the ship and cargo as collateral, and the borrower was not obligated to repay the loan in the event of shipwreck at sea, but in return the interest rate was high, ranging from 35% to 110%. After the travel ban on Japanese ships in 1635, the amount of bank loans given to Portuguese and Chinese people increased, but due to the isolation of Japan, the loans became impossible to recover, dealing a major blow to Japanese merchants.

Source: Obunsha Japanese History Dictionary, Third Edition About Obunsha Japanese History Dictionary, Third Edition

Japanese:

江戸初期，朱印船貿易全盛期に日本の豪商が海外貿易船に貸し付けた資金
「抛銀」とも書く。きわめて投機的で，船舶・船荷を担保に融資し，借入者は海上遭難の場合返済の義務がなく，そのかわり利率は3.5割から11割の高利であった。1635年日本船の渡航禁止後はポルトガル人・中国人に対する投銀が増加したが，鎖国により回収不可能となり，日本商人は大打撃をうけた。

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