chaebol

[ je-buhl ]
/ ˈdʒɛ bəl /

noun, plural chae·bol, chae·bols.

a South Korean conglomerate, usually owned by a single family, based on authoritarian management and centralized decision-making.

QUIZZES

DON’T VACILLATE! VANQUISH THIS WORD OF THE DAY QUIZ!

It’d be a real faux pas to miss this quiz on the words from August 3–9, 2020!
Question 1 of 7
What does “vacillate” mean?

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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

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 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012