Definition, Meaning & Synonyms

conglomerado

noun

/kənˈɡlɒm.ə.reɪtɪd/

Definition

A conglomerate is a large corporation that consists of various distinct businesses operating in different industries.

Examples

She worked for a conglomerate that owned several media companies.
The conglomerate diversified its portfolio to minimize risk and maximize profit.
Investors are often attracted to conglomerates due to their varied business interests.

Meaning

In a broader sense, conglomerate refers to a combination of different elements or parts, especially in business contexts where diverse enterprises are brought together under one corporate structure.