from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A conglomerate of businesses, usually owned by a single family, especially in Korea.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A large, family-controlled South Korean business conglomerate.
Korean chaebŏl : chae, wealth (from Middle Chinese tshaj) + bŏl, powerful family (from Middle Chinese buat).(American Heritage® Dictionary of the English Language, Fourth Edition)
Late 20th century, from Korean 재벌 ("財閥, jaebeol") (Wiktionary)