noun, plural chaebol, chaebols.
a South Korean conglomerate, usually owned by a single family, based on authoritarian management and centralized decision making. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
chaebol (ˈtʃeɪbɒl)
a large, usually family-owned, business group in South Korea
[C20: from Korean, literally: money clan]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
They investigate the interaction of chaebol reform with corporate governance.
They evaluate the whole chaebol restructuring process and also suggest
  desirable restructuring strategies.
Instead, they should be pleased that the authorities are now probing the
  chaebol's financial dealings.
The chaebol system has proved prone to fraud, dodgy accounting and illegal
  political contributions.
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