chaebol
1
9.9
A person from a rich family who owns and runs a large South Korean business group
- noun
- /ˈtʃeɪbɒl/
- Literature
:
miembro de un chaebol
- As a chaebol heir, he was expected to take over the family's expansive business empire.
Examples
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Hey, Louis didn't get into the position he's in now, just because he's a chaebol heir.
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The chaebol family has significant influence over the South Korean economy.
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Many chaebol members are involved in philanthropic efforts to improve their public image.
How Wealthy
Surface Forms
Etymology
Chaebol comes from the Korean parts jae ('wealth') and beol ('clan' or 'family'), so it originally meant a 'wealthy family'. That's why chaebol can also mean a person who is a member of a rich family that owns a big business group.