Other forms: conglomerates
A conglomerate is a large company made of many different businesses. A media conglomerate, break up the conglomerate, an industrial conglomerate.
The argument for one is that unrelated businesses steady each other, and the argument against is that investors can diversify for themselves and do not need a company to do it. In geology, conglomerate is rock made of pebbles cemented together.
1nounconglomerateA large company made of many different businesses.
“The huge conglomerate owns hotels, a bank, a shipping line and several newspapers.”
conglomerate is a company.
The Latin behind it is a ball of thread wound from many separate strands. A conglomerate is many businesses wound into one company.
hooks ontoball
Latin conglomeratus means rolled together — con plus glomus, a ball of thread.
Proto-Indo-European
*ḱóm — beside, by, near, with
Latin
conglomerātus
English, today
conglomerate
Built from
First attested in the second part of the 16th century; from Latin conglomerātus, perfect passive participle of conglomerō (“to pile into a heap, to roll together”) (see -ate), from con- (ultimately from Proto-Indo-European ḱóm (“beside, by, near, with”)) + glomerāre (from glomerō (“to pile into a heap, to make into a ball, glomerate”), from glomus (“ball of thread; ball-shaped mass”), from Proto-Indo-European gel- (“to form into a ball; ball”)).
Etymology from Wiktionary, CC BY-SA