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. 2021
Example sentences from the Web for chaebol
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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