conglomerate
Meanings
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noun
A large industrial company that owns and operates multiple businesses and brands in distinct markets.
- "Ford is a conglomerate that owns Lincoln, Mercury, and Volvo automobile brands."
- "General Electric is a conglomerate with businesses in energy, aviation, and healthcare."
Pronunciation
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Source: "https://commons.wikimedia.org/w/index.php?curid=75729569" -
/kənˈɡlɒm(ə)ɹət/
Source: "https://commons.wikimedia.org/w/index.php?curid=88967381"
Variants
List of all variants of conglomerate that leads to same resultconglomerate , conglomerated , conglomerates , conglomerating , conglomerative , conglomerator , conglomerators , conglomeratic
Etymology
origin and the way in which meanings have changed throughout history.From Latin conglomerare, meaning 'to heap together'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
The largest conglomerate in the world by revenue is Berkshire Hathaway, led by Warren Buffett.
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Conglomerates have been around since the early 20th century, with General Electric being one of the first notable examples.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
Corporation: A legal entity that is separate from its owners and can own property, enter into contracts, and be sued or taxed.
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Holding company: A company that owns other companies, but does not operate them directly.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.Conglomerates have significant cultural and historical significance, particularly in the context of business and industry. They have been studied in fields such as economics, finance, and organizational theory.
How to Memorize "conglomerate"
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visualize
- Imagine a group of interconnected businesses and brands, each represented by a different color or symbol. Visualize how they come together to form a larger entity.
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associate
- Associate the word 'conglomerate' with the idea of a collection or aggregation of things.
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mnemonics
- Use the acronym 'C-O-N-G-L-O-M-E-R-A-T-E' to remember the definition: 'Company Owning Numerous Businesses, Gathering Large Operational Revenue And Transforming Economies Regularly And Thus Expanding'.
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Highlighting:
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