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chaebol

[ je-buhl ]

noun

, plural chae·bol, chae·bols.
  1. a South Korean conglomerate, usually owned by a single family, based on authoritarian management and centralized decision-making.


chaebol

/ ˈtʃeɪbɒl /

noun

  1. a large, usually family-owned, business group in South Korea


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Word History and Origins

Origin of chaebol1

First recorded in 1970–75; from Korean chaebŏl, from chae “wealth, property” + pŏl “clique, faction,” formed from the Korean pronunciation of the two Middle Chinese characters whose Japanese pronunciation is “zaibatsu”; zaibatsu ( def )

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Word History and Origins

Origin of chaebol1

C20: from Korean, literally: money clan

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Example Sentences

Prosecutors argued that the length of the sentence is warranted because of Samsung’s power as the largest chaebol, or family-owned conglomerate, in South Korea.

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[ak-suh-lot-l ]

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