CONGLOMERATE meaning : 1. a company that owns several smaller businesses whose products or services are usually very…. Learn more. Learn the meaning of conglomerate as an adjective, verb, and noun, with synonyms, examples, and word history. Find out how conglomerate can refer to a rock, a corporation, or a gathering of people. A conglomerate is a company that owns several smaller businesses or a rock that consists of small, rounded stones. Learn more about the meaning , usage and synonyms of conglomerate with Cambridge Dictionary. A conglomerate is a large corporation that owns a collection of different companies operating in various industries. These subsidiary companies are often unrelated, meaning they do not produce similar products or services. The purpose of a conglomerate is to diversify business operations and reduce risk by spreading investments across different markets. Key Characteristics of Conglomerates […]