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conglomerate

conglomerate

44 7.0
A large company made by joining several different companies in many industries
  • noun
  • /kənˈɡlɑː.mə.reɪt/
translation icon : conglomerado
  • Since they had finished building the factories, the conglomerate was expanding into prospecting.
  • a banking conglomerate
  • a large conglomerate
  • units within conglomerates

This is a Chinese energy company, CEFC China Energy, a Chinese conglomerate.

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Examples

  • And the company that Pepper runs is the largest tech conglomerate on Earth.

  • He was a former head of Textron, a huge conglomerate that has a lot of debt.

  • I own the largest conglomerate of newspaper and satellite television companies in the world.

  • After the war, large Japanese conglomerates were broken up.

  • You cannot build a media conglomerate like that by being agreeable or playing by the rules.

  • All these people have gone on to seats on the boards of of arms companies and international conglomerates of all kinds.

  • There's plenty of opportunity for small businesses, giant conglomerates, everything in between.

  • So now you have these giant food conglomerates like making tons and tons of food as cheaply as possible.

  • All of these stations belong to major conglomerates heavily dependent on national and transnational advertising.

    Academic text (1996)
  • The international conglomerate expanded its operations into renewable energy last year.

Synonyms

corporation
vsconglomerate
3.7

A large company or group of companies treated by law as one business

is formed by combining separate companies rather than only legal status
empire
vsconglomerate
114 3.9

A group of businesses that one person or group owns and controls

is created by merging several different firms across industries
corp
vsconglomerate
  • US
82 6.9

A company that is legally created to do business

is the expanded concept about merged firms under one ownership
large corporation
vsconglomerate
24 2.7

A very large company that does business in many countries

focuses on combining several companies across industries rather than just size

Compounds

A large company that owns many smaller companies making books and magazines and runs them together

How Diverse

multinational
112 4.4
empire
114 3.9
conglomerate
44 7.0
corporation
3.7
group
1.0
company
1.0

Surface Forms

conglomerate singular
conglomerates plural

Morphology

conglomerate = glomerate (opaque) = con + glomer + ate

The corporate sense is a specialized metaphorical extension of 'gathered together', but the base word is rare and the meaning is not readily recoverable for most learners.

Etymology

The word conglomerate comes from Latin parts con- 'together' and glomerare 'to form into a ball'. Think of different companies rolled together into one big group, which is why a business conglomerate is one large company made of many different firms.