A corporation consisting of several companies in different businesses. Such a structure allows for diversification of business risks, but the lack of focus can make managing the diverse businesses more difficult.

Use conglomerate in a sentence

I do not trust the conglomerate's ideas on investment, particularly involving bonds they have selected using strange methods of selection.

​ Was this Helpful? YES  NO 11 people found this helpful.

The massive conglomerate was able to use one of its companies to process the transaction as it was international and security was required.

​ Was this Helpful? YES  NO 6 people found this helpful.

Having a large hand in everything from office supplies and car care, to medical products and electronic circuits, the 3M company is one of the largest conglomerates in the world.

​ Was this Helpful? YES  NO 7 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
chaebol Berkshire Hathaway