Korean Dictionary
How to say “Chaebol” in Korean
재벌
Jaebeol
AdvancedCulture
Usage & Context
Large Korean family-owned business conglomerates with enormous economic and political influence. Samsung (삼성), Hyundai (현대), LG, and SK are the most famous chaebols. 재벌 characters are a staple of K-drama romance plots. The chaebol system is both admired for Korea's economic success and criticized for wealth inequality.
Example Sentence
한국 경제에서 재벌이 차지하는 비중이 매우 높아요.
Chaebols occupy a very high proportion of Korea's economy.
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