chaebol [ je-buhl ]  noun a South Korean conglomerate, usually owned by a single family, based on authoritarian management and centralized decision-making. ORIGIN EXAMPLES LOOK IT UP WHAT IS THE ORIGIN OF CHAEBOL? Chaebol "a South Korean conglomerate" is a direct borrowing from Korean and is composed of chae "wealth, property" and pŏl "clique, faction." However, while chaebol is a Korean term, its […]

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