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Where does the word "chaebol" come from? It comes from Korean chaebol, and was adopted directly into English (1980s).
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Where does the word "chaebol" come from? It comes from Korean chaebol, and was adopted directly into English (1980s).
Chaebol’s story begins in Korean: chaebol meant “a family-controlled business conglomerate.” Literally wealth clan, a large family-controlled business conglomerate. It reached English by 1980s as chaebol. Samsung, Hyundai and LG are the best-known chaebol. Today, chaebol means a large South Korean business conglomerate typically controlled by one family.
- Stage 1 · Korean · 1900s chaebol "a family-controlled business conglomerate", literally wealth clan, a large family-controlled business conglomerate.
- Stage 2 · English · 1980s chaebol "a large South Korean family-run business conglomerate", Samsung, Hyundai and LG are the best-known chaebol.