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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

Pronunciation Usage Guide

Syllabification: con·glom·er·ate

Audio Pronunciation

– American English
– British English

Phonetic Spelling

  • American English – /kuhn-glAH-muhr-ruht/
  • British English – /kuhn-glO-muh-rit/

International Phonetic Alphabet

  • American English – /kənˈglɑmərət/
  • British English – /kənˈɡlɒmərət/

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.

Brym, Robert J., and John Lie. 2007. Sociology: Your Compass for a New World. 3rd ed. Belmont, CA: Wadsworth.

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

Kendall, Diana. 2011. Sociology in Our Times. 8th ed. Belmont, CA: Wadsworth.

Law, Jonathan, ed. 2010. A Dictionary of Accounting. 4th ed. New York: Oxford University Press.

Macionis, John. 2012. Sociology. 14th ed. Boston: Pearson.

Macionis, John, and Kenneth Plummer. 2012. Sociology: A Global Introduction. 4th ed. Harlow, England: Pearson Education.

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.

Thompson, William E., and Joseph V. Hickey. 2012. Society in Focus: An Introduction to Sociology. 7th ed. Boston: Allyn & Bacon.

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 April 13, 2024 (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 April 13, 2024. https://sociologydictionary.org/conglomerate/.

MLA – Modern Language Association (7th edition)

“conglomerate.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 13 Apr. 2024. <https://sociologydictionary.org/conglomerate/>.