Chaebol Definition

jĕbəl
chaebols
noun
A conglomerate of businesses, usually owned by a single family, especially in Korea.
American Heritage

Other Word Forms of Chaebol

Noun

Singular:
chaebol
Plural:
chaebols

Origin of Chaebol

  • Korean chaebeol (formed on the model of Japanese zaibatsu zaibatsu, by using the Korean pronunciation of the two Chinese characters with which the Japanese word is written) chae wealth (from Early Middle Chinese dzəj zaibatsu) beol powerful family (from Early Middle Chinese buat zaibatsu)

    From American Heritage Dictionary of the English Language, 5th Edition

  • Late 20th century, from Korean 재벌 (jae-beol, “財閥, jaebeol")

    From Wiktionary

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chaebol