chaebol
chae·bol
noun \ˈchā-ˌbōl, ˈje-ˌbəl\ plural chaebol
Definition of CHAEBOL
: a family-controlled industrial conglomerate in South Korea
Origin of CHAEBOL
Korean chaebŏl, from chae wealth, property + pŏl faction, clan
First Known Use: 1984
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