conglomerate
con·glom·er·ate • n. / kənˈglämərət/ 1. a number of different things or parts that are put or grouped together to form a whole but remain distinct entities. ∎ a large corporation formed by the merging of separate and diverse firms.2. Geol. a coarse-grained sedimentary rock composed of rounded fragments (> 2 mm) within a matrix of finer grained material.• adj. / kənˈglämərət/ of or relating to a conglomerate, esp. a large corporation: conglomerate businesses.• v. / -ˌrāt/ [intr.] gather together into a compact mass: atoms that conglomerate at the center. ∎ form a conglomerate by merging diverse businesses.DERIVATIVES: con·glom·er·a·tion / kənˌgläməˈrāshən/ n.ORIGIN: late Middle English (as an adjective describing something gathered up into a rounded mass): from Latin conglomeratus, past participle of conglomerare, from con- ‘together’ + glomus, glomer- ‘ball.’ The geological sense dates from the early 19th cent.; the other noun senses are later.
conglomerate
conglomerate
Conglomerate
Conglomerate
a mass of separate items collected into a ball; things closely crowded or gathered together into a coherent mass or whole.
Examples: conglomerate of anecdotes; of flowers; of fragments; of fruit and leaves, 1572; of geologists—Lipton, 1970; of gravel and ice, 1856; of useful or useless knowledge, 1864.
Conglomerate
CONGLOMERATE
A corporation operating in several different and unrelated enterprises, such as the movie industry, baking, and oil refining.
A conglomerate merger is one that brings together two firms with totally different product lines, economic relationships, and functions. Such a merger may violate antitrust acts inasmuch as it may have an adverse effect on competition.