Japan's 2024 buzzword nominations focused on money and the Paris Olympics, according to a list of nominations released by the organizer of the annual event Tuesday.
News on “uragane mondai” (slush fund scandal) dominated headlines this year after Liberal Democratic Party factions were found to be underreporting the sales of fundraising party tickets.
Other money-related terms included “shin shihei” (new banknotes) — the country recently redesigned the ¥10,000, ¥5,000 and ¥1,000 notes for the first time in 20 years — and “shin NISA” (new NISA investments), a tax-exempt investment program launched this year that aims to entice people to move money from savings to investments. NISA stands for the Nippon Individual Savings Account.
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