Conglomerate

Business, Legal & Accounting Glossary

Definition: Conglomerate


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
Chaebol
Conglomerate Discount


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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.