conglomerate
conglomerate / conglomerate / conglomerate
NounTransitive Verb
pl: conglomeratespast: conglomeratedpp: conglomerateding: conglomerating
In a business context, this term describes a corporate entity with a diverse portfolio of unrelated businesses, suggesting a strategy of diversification rather than specialization. It carries a connotation of immense scale and systemic complexity, often evoking images of a sprawling empire. In geology, the word describes a specific type of sedimentary rock. Unlike breccia, which contains angular fragments, a conglomerate is characterized by rounded pebbles, implying a history of water-worn erosion before the fragments were cemented together.
Meanings
Nounconglomerate
A large corporation formed by the merging of several smaller companies, often in diverse industries.
"The global conglomerate owns everything from insurance firms to toy factories."