chaebol(redirected from Chaebeol)
Related to Chaebeol: keiretsu
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]