Conglomerate

usgb/kənˈɡlɑːmərət/
noun

A large company that is made up of diverse businesses.

The global conglomerate has branches in more than fifty countries.
Visual representation of "conglomerate" - A large company that is made up of diverse businesses.

Often appears as...

  • multinational conglomerate
  • business conglomerate

Usage tips

Business

Definition 1 of 3
Visual representation of "conglomerate"
LampPro Tip 1/3

Business Structure

Understanding a conglomerate helps grasp how varied businesses form a single corporation under one management.

Illustration for Business Structure
Each brand within the conglomerate operates independently, yet they share a common corporate structure.
LampPro Tip 2/3

Market Presence

A conglomerate usually has a widespread market presence and might seem omnipresent.

Illustration for Market Presence
The conglomerate's products range from electronics to insurance, dominating various market sectors.
LampPro Tip 3/3

Diverse Portfolios

Conglomerates often have a diverse portfolio, reducing business risk across different industries.

Illustration for Diverse Portfolios
Despite the tech industry's downturn, the conglomerate's investment in healthcare kept its profits stable.
Visual representation of the word "Conglomerate"

Never forget "Conglomerate"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension
Back to top