chaebol

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chae·bol

C0223050 (jĕ′bəl)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).]

chaebol

(ˈtʃeɪbɒl) n (Commerce) a large, usually family-owned, business group in South Korea[C20: from Korean, literally: money clan]