chae·bol (j  b l)n. pl. chaebol A conglomerate of businesses, usually owned by a single family, especially in Korea. [Korean chaeb  l : chae, wealth (from Middle Chinese tshaj) + bl, powerful family (from Middle Chinese buat).] |
chaebol [ˈtʃeɪbɒl]
n
(Business / Commerce) a large, usually family-owned, business group in South Korea
[from Korean, literally: money clan]
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