conglomerate
C2Pronunciation
UK
- /kənˈɡlɒm.(ə.)rɪt/
- /kənˈɡlɒm.əˌreɪt/
US
- /kənˈɡlɑmərət/
Description
- Large company group
- Collection of different things
- Things mixed together
- Sedimentary rock
Imagine a giant puzzle made of many different pieces—that's a conglomerate! In the business world, it refers to a massive corporation that owns many smaller, often unrelated businesses. Think of Disney owning ABC, Marvel, and theme parks; they are all part of the same conglomerate. But the word doesn't always mean business; sometimes it simply describes a collection or accumulation of different things thrown together. A conglomerate of shells, stones, and driftwood on the beach is just that—a bunch of different things gathered in one spot!
The word comes from Latin roots meaning "rolled together." Picture various elements being rolled into one big ball, whether they are companies or pebbles. You might hear about media conglomerates controlling the news, or a geologist describing a specific conglomerate rock formation.
A conglomerate can be several things: a powerful business entity, a specific type of rock, or (more generally) a mix of different elements. Let's start with the corporate side. A conglomerate is a massive company formed by bringing many different businesses under one owner, often in completely unrelated industries. Think of General Electric—they have historically produced everything from jet engines to light bulbs! These companies aim for stability and growth through diversification; if one industry struggles, others can keep the company afloat. You'll often hear about "media conglomerates" controlling vast amounts of information and entertainment, such as Comcast or News Corp.
But the word has a specific scientific meaning as well. In geology, a conglomerate is a type of sedimentary rock made up of rounded, gravel-sized fragments cemented together. Imagine pebbles and stones all stuck together into a single mass—that is a geological conglomerate.
More broadly, "conglomerate" can describe a collection or accumulation of diverse things (though in everyday speech, many people simply say "mix" or "conglomeration"). You might mention a "conglomerate of opinions" when describing a lively debate with many viewpoints, or describe a downtown area as a conglomerate of shops, offices, and restaurants. Whether you're talking about business giants, rocky landscapes, or simply a mixed group, a conglomerate represents something larger built from the joining together of many different parts.
Examples
- 1
Large company
She works for a Korean conglomerate that makes everything from batteries to cars.
- 2
Business acquisition
The startup was bought by a large conglomerate last year.
- 3
Media ownership
Several media conglomerates now own newspapers, TV channels, and streaming services.
- 4
Market power
Critics worry that one conglomerate should not have so much influence over the market.
- 5
Geology
Geologists found a layer of conglomerate near the river.
Domain
in geology, conglomerate
a rock made of small stones stuck together
Forms and spellings
4 forms open this card.
Main spelling
- conglomeratenounverbadjective
Forms
- conglomeratespluralnounverbadjective
- conglomeratedpast tenseverbnounadjective
- conglomerating-ing formverbnounadjective