C2nounmoneywork
US/kənˈɡlɑː.mər.ət/
UK/kənˈɡlɒm.ər.ət/
a large company made up of several different businesses, often in unrelated industries
In context
Vingroup is a Vietnamese conglomerate with businesses in property, cars and healthcare.
The small family firm was bought by a huge media conglomerate.
South Korean conglomerates like Samsung have enormous influence on the economy.
Words that go with conglomerate
noun + noun
- media conglomerateA media conglomerate owns both newspapers in the city.
adjective + noun
- industrial conglomerateThe industrial conglomerate makes everything from trains to washing machines.
- multinational conglomerateShe works in the finance department of a multinational conglomerate.
- global conglomerateThe small brand is now owned by a global conglomerate.
- huge conglomerateOver twenty years, the shoe shop grew into a huge conglomerate.
- family-owned conglomerateMany Asian economies are dominated by family-owned conglomerates.