The word is chaebol. And today was the first time I’ve ever encountered it.
I met it in an article which referred to Samsung as a “Korean chaebol”, which didn’t really give me many clues as to what it meant. So I had to look it up. I couldn’t find it in the online Oxford or Cambridge dictionaries but Dictionary.com came up trumps.
For those of you still in the dark, chaebol is a conglomerate of businesses, usually owned by a single family, especially in Korea.
It’s not every day that I meet a new word. When I do, they’re often compound words like podcast or blog, and I can work out their meaning from the context and understanding of their familiar roots.
Unfortunately I don’t think I’ll be using chaebol in my every day language. But it was nice to make its aquaintance.