chaebol
noun[C]
uk/ˈtʃeɪbl/usone of the severallarge,powerfulgroupsofcompaniesinSouthKorea that areinvolvedinvariousdifferenttypesofbusiness:
Inits60-yearhistory, thiscompanyhasrisentoprominenceas one of thechiefKorean chaebols.
Examplesofchaebol
chaebol
Again, the financial weakness of the banks andchaebolwas used to force an unprecedented restructuring of lending practices, ownership, and industrial structure.
From theCambridge English Corpus
In exchange for these quasi-taxes, the incumbent promised favourable treatments tochaebolcompanies regarding industrial policies and financial favours.
From theCambridge English Corpus
Thechaebolwere pressured to sell off their far-flung non-core businesses, and to use the proceeds to reduce their debt-equity ratios.
From theCambridge English Corpus
Inside the operations ofchaebolgroups, there are many branches that family members control and operate.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.By the late 1980s, thechaebolhad become financially independent and securethereby eliminating the need for further government-sponsored credit and assistance.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Therefore, the system ofchaebolwas not very transparent.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thechaebolcontinued their explosive growth in export markets in the 1980s.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thechaebolwere heavily invested in export-oriented manufacturing, neglecting the domestic market, and exposing the economy to any downturns in overseas markets.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Government industrial policy set the direction of new investment, and thechaebolwere to be guaranteed loans from the banking sector.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Many political affiliations are created within thechaebol.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In 1990, government regulations made it difficult for achaebolto develop an exclusive banking relationship.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thechaebolwere able to grow because of two factorsforeign loans and special favors.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Access to foreign technology also was critical to the growth of thechaebolthrough the 1980s.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.However, large "chaebols" pose potential difficulties as illicit business behaviour is still common among them.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thechaebolalso were responsible for turning the trade deficit in 1985 to a trade surplus in 1986.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.