conglomerate(redirected from conglomeritic)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
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.
conglomerateadjective accumulated, aggregate, amalgamated, amassed, assembled, blended, brought together, collected, collectivized, complex, composite, compound, compounded, congregate, congregated, cumulated, gathered into a round mass, glomerate, indiscriminate, inseparable, mass, mingled, miscellaneous, mixed, united, varied
See also: accumulation, agglomeration, aggregate, assemblage, coadunate, coalition, coherent, collect, collection, combine, commingle, compile, complex, composite, compound, concentrate, congregate, consolidate, corporation, corpus, crystallize, cumulation, desegregate, development, gather, join, merge, unite