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conglomerate

Definition of Conglomerate

(noun) A large group of businesses from unrelated and diverse industries, owned by a single corporation, that provide a variety of goods and services.

Examples of Conglomerate

Conglomerate Pronunciation

  • IPA Pronunciation
    • American English
      • /kənˈɡlɒmərət/
    • British English
      • /kənˈɡlɒmərət/
  • Syllabification: (con·glom·er·ate)

Usage Notes

  • Plural: conglomerates
  • Conglomerates are formal organizations, typically created through acquisitions or mergers and serve to diversify risk.
  • Conglomerates are sociologically interesting because they are large, complex, often multinational entities that can manipulate the balance of wealth and power in the global economy.
  • The act or process of creating a conglomerate is called conglomeration.
  • Also called corporate conglomerate.

Additional Information

Related Terms


Works Consulted

Black, John, Nigar Hashimzade, and Gareth Myles. 2010. A Dictionary of Economics. 3rd ed. New York: Oxford University Press.

Bruce, Steve, and Steven Yearley. 2006. The SAGE Dictionary of Sociology. Thousand Oaks, CA: SAGE.

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Ferris, Kerry, and Jill Stein. 2010. The Real World: An Introduction to Sociology. 2nd ed. New York: Norton.

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Princeton University. 2010. WordNet. (https://wordnet.princeton.edu/).

Shepard, Jon M. 2010. Sociology. 11th ed. Belmont, CA: Wadsworth.

Shepard, Jon M., and Robert W. Greene. 2003. Sociology and You. New York: Glencoe.

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Turner, Bryan S., ed. 2006. The Cambridge Dictionary of Sociology. Cambridge: Cambridge University Press.

Wikipedia contributors. (N.d.) Wikipedia, The Free Encyclopedia. Wikimedia Foundation. (https://en.wikipedia.org/).

Cite the Definition of Conglomerate

ASA – American Sociological Association (5th edition)

Bell, Kenton, ed. 2013. “conglomerate.” In Open Education Sociology Dictionary. Retrieved October 17, 2019 (https://sociologydictionary.org/conglomerate/).

APA – American Psychological Association (6th edition)

conglomerate. (2013). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/conglomerate/

Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)

Bell, Kenton, ed. 2013. “conglomerate.” In Open Education Sociology Dictionary. Accessed October 17, 2019. https://sociologydictionary.org/conglomerate/.

MLA – Modern Language Association (7th edition)

“conglomerate.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 17 Oct. 2019. <https://sociologydictionary.org/conglomerate/>.