1

conglomerate

adjective con·glom·er·ate \ kən-ˈgläm-rət , -ˈglä-mə- \
Updated on: 26 May 2018
: made up of parts from various sources or of various kinds
  • the conglomerate peoples of New England
  • a conglomerate empire

Recent Examples of conglomerate from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'conglomerate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of conglomerate

Latin conglomeratus, past participle of conglomerare to roll together, from com- + glomerare to wind into a ball, from glomer-, glomus ball — more at clam

2

conglomerate

verb con·glom·er·ate \ kən-ˈglä-mə-ˌrāt \
conglomerated; conglomerating
: to gather into a mass or coherent whole
  • Infinite numbers of dull people conglomerated round her …
  • —Virginia Woolf

conglomerative

play \kən-ˈgläm-rə-tiv, -ˈglä-mə-; -mə-ˌrā-\ adjective

conglomerator

play \kən-ˈglä-mə-ˌrā-tər\ noun

Examples of conglomerate in a Sentence

  1. people conglomerated in the downtown streets for an impromptu victory celebration

  2. over the years the town's discarded junk conglomerated at the bottom of the river

Recent Examples of conglomerate from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'conglomerate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of conglomerate

1642

in the meaning defined at intransitive sense

See Words from the same year
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3

conglomerate

noun con·glom·er·ate \ kən-ˈgläm-rət , -ˈglä-mə- \
1 : a composite mass or mixture; especially : rock composed of rounded fragments varying from small pebbles to large boulders in a cement (as of hardened clay)
2 : a widely diversified corporation
  • an international conglomerate of some 350 businesses

conglomeratic

play \kən-ˌglä-mə-ˈra-tik, ˌkän-\ adjective

Examples of conglomerate in a Sentence

  1. a news and entertainment conglomerate

  2. Our small company must compete with the big conglomerates.

Recent Examples of conglomerate from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'conglomerate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of conglomerate

1818

in the meaning defined at sense 1

See Words from the same year
NEW! Time Traveler

conglomerate Synonyms


Financial Definition of CONGLOMERATE

conglomerate

What It Is

A conglomerate is a corporation made up of several smaller, independently-run companies which may operate across several sectors and industries.

How It Works

Conglomerates are generally formed for two reasons: to diversify risk by participating in unrelated businesses or to expand a business within an industry to include suppliers and product purchasers.

Despite the possible benefits, conglomerates face the challenge of becoming so large that they are difficult to manage efficiently. This can lead to a lack of focus, which exacerbates managerial problems and reduces shareholder returns. This reason is why conglomerates often "spin off" subsidiaries into stand-alone entities. Corporations may also fail to realize the anticipated cost savings associated with acquisitions.

Why It Matters

The motto "the parts are worth more than the whole" is the idea behind conglomerates. They are typically very diversified businesses (although some conglomerates stick to one or two industries). This diversification and the efficiencies brought about by shared or reduced costs often make conglomerates less risky than those operating in a single market or niche. Many well-run conglomerates like Berkshire Hathaway and General Electric are much like funds in that they offer diversification and are less sensitive to general business cycles than more focused companies.


CONGLOMERATE Defined for English Language Learners

conglomerate

  • : a large business that is made of different kinds of companies

  • : a kind of rock that is made from many stones of different sizes held together with hardened clay


CONGLOMERATE Defined for Kids

conglomerate

noun con·glom·er·ate \ kən-ˈglä-mə-rət \
1 : a mass (as a rock) formed of fragments from various sources
2 : a corporation engaging in many different kinds of business

Medical Dictionary

1

conglomerate

adjective con·glom·er·ate \ kən-ˈgläm-(ə-)rət \
: made up of parts from various sources or of various kinds

2

conglomerate

verb con·glom·er·ate \ -ə-ˌrāt \
conglomerated; conglomerating
: to gather (something) into a mass or coherent whole
: to gather into a mass or coherent whole

conglomerative

play \-ˈgläm-(ə-)rət-iv, -ə-ˌrāt-\ adjective

3

conglomerate

noun con·glom·er·ate \ -(ə-)rət \
: a composite mass or mixture

Law Dictionary

conglomerate

noun con·glom·er·ate \ kən-ˈglä-mə-rət \
: a widely diversified company; especially : a corporation that acquires other companies whose activities are unrelated to the corporation's primary activity


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