chaebol
noun
chae·bol ˈchā-ˌbōl 
ˈje-ˌbəl
plural chaebol also chaebols
: a family-controlled industrial conglomerate in South Korea
Example Sentences
Recent Examples on the Web Set in modern-day Los Angeles, the rom-com chronicles the whirlwind romance between the heir to a Korean chaebol, Jaesun (Min), and Ana (Raísa), a Mexican American entrepreneur whose love is pushed to the limits. 
Todd Spangler, Variety, 22 July 2022 President Moon Jae-in has vowed to overhaul chaebol business practices and his government kicked off reforms last year to improve corporate governance and transparency. Heesu Lee, Bloomberg.com, 11 Aug. 2021 Neither party took on the chaebol, the giant companies that dominate South Korea’s export economy and often have a cozy relationship with government. The Editorial Board, WSJ, 9 Mar. 2022 South Korea’s 19 Creative Economy Innovation centers give a glimpse of how this government-chaebol-start-up partnership works. Ramon Pacheco Pardo, Fortune, 25 Feb. 2022 Inevitably, South Korea's chaebol are part of the country's strategy to remain competitive. Ramon Pacheco Pardo, Fortune, 25 Feb. 2022 SK Group, a chaebol best known for its semiconductors and telecoms businesses, took a big step into the hot area of crypto. Ralph Jennings, Forbes, 7 Dec. 2021 Yet Park, too, saw the magnitude of the task and took the easy route: asking the chaebol to help Seoul hasten growth. William Pesek, Forbes, 15 June 2021 Enter Park, whose father essentially created the chaebol system during his 1960s-1970s tenure running Korea. William Pesek, Forbes, 15 June 2021 See More
Todd Spangler, Variety, 22 July 2022 President Moon Jae-in has vowed to overhaul chaebol business practices and his government kicked off reforms last year to improve corporate governance and transparency. Heesu Lee, Bloomberg.com, 11 Aug. 2021 Neither party took on the chaebol, the giant companies that dominate South Korea’s export economy and often have a cozy relationship with government. The Editorial Board, WSJ, 9 Mar. 2022 South Korea’s 19 Creative Economy Innovation centers give a glimpse of how this government-chaebol-start-up partnership works. Ramon Pacheco Pardo, Fortune, 25 Feb. 2022 Inevitably, South Korea's chaebol are part of the country's strategy to remain competitive. Ramon Pacheco Pardo, Fortune, 25 Feb. 2022 SK Group, a chaebol best known for its semiconductors and telecoms businesses, took a big step into the hot area of crypto. Ralph Jennings, Forbes, 7 Dec. 2021 Yet Park, too, saw the magnitude of the task and took the easy route: asking the chaebol to help Seoul hasten growth. William Pesek, Forbes, 15 June 2021 Enter Park, whose father essentially created the chaebol system during his 1960s-1970s tenure running Korea. William Pesek, Forbes, 15 June 2021 See More Word History
Etymology
Korean chaebŏl, from chae wealth, property + pŏl faction, clan
First Known Use
1972, in the meaning defined above
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