(plural same or chaebols) (in the Republic of Korea) a large family-owned business conglomerate
(Ekonomi) Chaebol (alternatively Jaebol) refers to a South Korean form of business conglomerate. The Korean word means "business group" or "trust" and is often used the way "Big Business" is used in English
chaebol
Turkish pronunciation
çeybıl
Pronunciation
/ˈʧābəl/ /ˈʧeɪbəl/
Etymology
() Late 20th century, from Korean 재벌 (“財閥, jaebeol”)