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chaebol
[ je-buhl ]
/ ˈdʒɛ bəl /
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noun, plural chae·bol, chae·bols.
a South Korean conglomerate, usually owned by a single family, based on authoritarian management and centralized decision-making.
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Origin of chaebol
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”; see origin at zaibatsu
Words nearby chaebol
Chadic, chado, chador, chadri, Chadwick, chaebol, Chaeronea, chaeta, chaetiferous, chaeto-, chaetognath
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use chaebol in a sentence
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.
Samsung vice chairman Jay Y. Lee faces nine-year sentence in bribery case|Catherine Shu|December 31, 2020|TechCrunch
British Dictionary definitions for chaebol
chaebol
/ (ˈtʃeɪbɒl) /
noun
a large, usually family-owned, business group in South Korea
Word Origin for chaebol
C20: from Korean, literally: money clan
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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