Business, Legal & Accounting Glossary

Definition: Conglomerate


Quick Summary of Conglomerate

A corporation consisting of several companies in different businesses. Such a structure allows for diversification of business risks, but the lack of focus can make managing the diverse businesses more difficult.

Examples of Conglomerate in a sentence

I do not trust the conglomerate‘s ideas on investment, particularly involving bonds they have selected using strange methods of selection.

The massive conglomerate was able to use one of its companies to process the transaction as it was international and security was required.

Having a large hand in everything from office supplies and car care, to medical products and electronic circuits, the 3M company is one of the largest conglomerates in the world.

Related Phrases

Berkshire Hathaway
Conglomerate Discount

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Conglomerate. Payroll & Accounting Heaven Ltd.
November 29, 2023
Chicago Manual of Style (CMS):
Conglomerate. Payroll & Accounting Heaven Ltd. (accessed: November 29, 2023).
American Psychological Association (APA):
Conglomerate. Retrieved November 29, 2023
, from website:

Definition Sources

Definitions for Conglomerate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.