chaebol

noun

chae·​bol ˈchā-ˌbōl How to pronounce chaebol (audio)
ˈje-ˌbəl
plural chaebol also chaebols
: a family-controlled industrial conglomerate in South Korea

Examples of chaebol in a Sentence

Recent Examples on the Web Large conglomerates dominate the economies of both countries, whether Japan’s keiretsu or South Korea’s chaebol. Will Daniel, Fortune Asia, 30 June 2024 The second advantage of this open innovation model is that the keiretsu and chaebol get access to new ideas and products. Will Daniel, Fortune Asia, 30 June 2024 This program serves as a springboard for these firms to expand in South Korea and across Asia thanks to a combination of funding, mentorship, peer learning, office space, and connections with the chaebol. Ramon Pacheco Pardo, Foreign Affairs, 7 May 2024 In-ha with his schoolwork and also offers pointers on how to manage his hostile chaebol family. Joan MacDonald, Forbes, 29 Feb. 2024 See all Example Sentences for chaebol 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'chaebol.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Korean chaebŏl, from chae wealth, property + pŏl faction, clan

First Known Use

1972, in the meaning defined above

Time Traveler
The first known use of chaebol was in 1972

Dictionary Entries Near chaebol

Cite this Entry

“Chaebol.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/chaebol. Accessed 26 Jul. 2024.

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