Conglomerate - Meaning, Definition & English Examples
A conglomerate is a large corporation made up of diverse companies operating in different industries. It is formed through mergers or acquisitions to diversify business risks and opportunities.
Definition:
A large corporation formed by merging diverse companies, or a mixture of varied elements.
Synonyms:
corporation, combine, aggregate, consortium
Part of Speech:
noun, adjective, verb
Antonyms:
separate, divide
Common Collocations:
multinational conglomerate, media conglomerate, financial conglomerate
Derivatives:
conglomerated, conglomerating, conglomeration
Usage Tips:
Use "conglomerate" as a noun for a corporate entity or as a verb meaning to gather into a mass.
Common Phrases:
corporate conglomerate, media conglomerate, financial conglomerate
Etymology:
From Latin "conglomeratus," meaning "rolled together," from "com-" (together) + "glomerare" (to wind into a ball).
Examples:
- 1. The company became a global conglomerate after acquiring several smaller firms.
- 2. The artist’s work is a conglomerate of different styles and influences.
- 3. Investors worry about the risks of such a large financial conglomerate.
- 4. Over time, sediment can conglomerate into solid rock layers.