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Conglomerates Meaning in English

word · lemma: conglomerate

kənˈɡɫɑmɝəts
kuhn-GLAH-mur-uts
kənˈɡlɒmərəts
kuhn-GLOM-uh-ruts

Definition

Conglomerates are large companies made up of several smaller companies, often in different industries. The word can also refer to a type of rock made up of many different pieces.

Usage & Nuances

Mostly used in business and finance to describe large, often multinational corporations. Can also be found in geology for rocks. In business, 'conglomerates' suggests diversity in industries owned. Avoid confusing with 'aggregate' or 'consortium'.

Example Sentences

Large conglomerates own businesses in many industries.

basic

Some conglomerates started as small companies.

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Geologists study conglomerates to learn about ancient rivers.

basic

Tech conglomerates are buying up smaller startups everywhere.

natural

Global conglomerates often have hundreds of brands under one name.

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After the merger, they became one of the largest conglomerates in Asia.

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