Conglomerate
/ˈkɒŋɡləmərət/
Definitions
- (n.) A large corporation that consists of diverse companies operating in different industries.
The conglomerate owns businesses in finance, manufacturing, and media.
- (v.) To gather into a coherent whole or to form a conglomerate.
The various firms conglomerated to create a stronger market presence.
Forms
- conglomerates
- conglomerated
- conglomerating
Related terms
See also
Commentary
In legal drafting, specify the nature of a conglomerate's subsidiaries to clarify regulatory implications.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.