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Also found in: Acronyms.


n. pl. chaebol
A conglomerate of businesses, usually owned by a single family, especially in Korea.

[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; see zaibatsu) + beol, powerful family (from Early Middle Chinese buat; see zaibatsu).]


(Commerce) a large, usually family-owned, business group in South Korea
[C20: from Korean, literally: money clan]
References in periodicals archive ?
ECO Captain Tom Caifa is a regular contributor to Conservationist.
According to Frank Caifa, associate director at Swiss Re New Markets, these companies benefit from the ability to buy weather derivatives for these overseas locations on an international scale available only online.
By Lieutenant Ric Warner and Captain Tom Caifa DEC photos
This initiative is consistent with our strategy to focus and leverage our risk capacity to create more overall liquidity in the global weather markets," said Frank Caifa, associate director on Swiss Re's weather trading desk.
Tom Caifa began his career as an ECO on Long Island, like many new recruits.
ECO Lieutenant Tom Caifa has contributed to the Conservationist's On Patrol page since 2008.