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
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Further, the South Korean government has reportedly shown interest in the global TV market and pushed two other chaebols, Samsung and LG, to collaborate in order to maintain market leadership over increasingly competitive Chinese brands like TCL. ArsTechnica, 31 Mar. 2025 The move is part of the chaebol's succession planning and ensures continuity in the family's control over the business. Amala Balakrishner, CNBC, 31 Mar. 2025 Samsung is the largest and most successful of the conglomerates known as chaebol that transformed South Korea’s economy into a global export powerhouse. Meaghan Tobin, New York Times, 25 Mar. 2025 Claims of judicial capture are not without merit, considering that judges who miss out on a coveted promotion often resign to join the legal teams of the chaebol, South Korea’s large business conglomerates. Jaejoon Woo, Foreign Affairs, 17 May 2023 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

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Cite this Entry

“Chaebol.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/chaebol. Accessed 24 Apr. 2025.

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