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conglomerate

C2
verbnounadjective

Pronunciation

UK

  • /kənˈɡlɒm.(ə.)rɪt/
  • /kənˈɡlɒm.əˌreɪt/

US

  • /kənˈɡlɑmərət/

Description

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.

Examples

  1. 1

    Large company

    She works for a Korean conglomerate that makes everything from batteries to cars.

  2. 2

    Business acquisition

    The startup was bought by a large conglomerate last year.

  3. 3

    Media ownership

    Several media conglomerates now own newspapers, TV channels, and streaming services.

  4. 4

    Market power

    Critics worry that one conglomerate should not have so much influence over the market.

  5. 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