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.

Origin of chaebol

1
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

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How to use chaebol in a sentence

British Dictionary definitions for chaebol

chaebol

/ (ˈtʃeɪbɒl) /


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

Origin of chaebol

1
C20: from Korean, literally: money clan

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