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| chae·bol [ cháy bòl ] (plural chae·bols or chae·bol) |
noun |
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| Definition: |
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S Korean business conglomerate: a South Korean business conglomerate that usually has authoritarian management. Collectively, chaebols account for the bulk of South Korea's gross national product.
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| [Late 20th century. < Korean, literally "money clan"] |
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