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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The feud has become a test of the resilience of South Korea’s powerful family-run conglomerates known as chaebols in the face of Western-style corporate governance. Daisuke Wakabayashi, New York Times, 23 Jan. 2025 Lim, the eldest daughter of Daesang Group’s honorary chairman Lim Chang-wook and hence a chaebol heiress (chaebol refers to South Korea’s family-run conglomerates), also happens to be the ex-wife of Lee Jae-yong, the executive chairman of Samsung Electronics. Regina Kim, Forbes, 20 Jan. 2025 Personal connections likewise structured the relations of big chaebols, South Korea’s corporate conglomerates, with their small and medium-sized suppliers, and even individual citizens’ job searches, financial choices, and voting behavior. Foreign Affairs, 7 Jan. 2025 Love Scout also stars Kim Do-hoon as a young chaebol and Kim Yoon-hye as Eun-ho’s interested neighbor. Joan MacDonald, Forbes, 4 Jan. 2025 See all Example Sentences for chaebol 

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 1 Feb. 2025.

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