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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