noun
a large South Korean conglomerate made up of various businesses and subsidiaries
-
The chaebol is a prominent feature of South Korea's economy, with major conglomerates dominating various industries.
-
My uncle works for a chaebol, so he has a stable job with good benefits.
-
I heard that chaebol heir is a real playboy, always partying and causing trouble.
-
In the corporate world, some people view the CEO as a chaebol, wielding immense power and influence.