The process by which a conglomerate is created, as when a parent company begins to acquire subsidiaries. Sometimes conglomeration can refer to a time period when many conglomerates are formed simultaneously. One of the chief advantages of conglomeration is the immunity that it provides the parent company from potential takeovers.
Conglomeration became an increasingly common and popular process in the 1950s, because it is a convenient way for parent companies to operate several related or complementary firms in conjunction with each other. But conglomeration also provides an avenue for parent firms to diversify into other lines of business.
Investment dictionary. Academic. 2012.
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conglomération — [ kɔ̃glɔmerasjɔ̃ ] n. f. • 1829; de conglomérer ♦ Didact. Action de conglomérer. ● conglomération nom féminin Action de conglomérer ; fait d être congloméré. ⇒CONGLOMÉRATION, subst. fém. A. Action de conglomérer, résultat de cette action. Cette… … Encyclopédie Universelle
Conglomeration — Con*glom er*a tion, n. [L. conglomeratio: cf. F. conglomeration.] 1. The act or process of gathering into a mass; the state of being thus collected; collection; accumulation. Bacon. [1913 Webster] 2. That which is conglomerated; a mixed mass; a… … The Collaborative International Dictionary of English
conglomeration — I noun accumulation, agglomeration, aggregate, aggregation, amassment, array, assembly, assortment, collection, compilation, consolidation, cumulation, forgathering, glomeration, group, ingathering, lot, mass, miscellany, multitude, quantity II… … Law dictionary
conglomeration — 1620s, from L. conglomerationem (nom. conglomeratio), noun of action from pp. stem of conglomerare (see CONGLOMERATE (Cf. conglomerate)) … Etymology dictionary
conglomeration — [n] accumulation, potpourri agglomeration, aggregate, aggregation, amassment, assortment, collection, combination, combo*, composite, cumulation, everything but the kitchen sink*, hoard, hodge podge, mass, medley, miscellany, mishmash*, mixed… … New thesaurus
conglomeration — [kən gläm΄ər ā′shən] n. [LL conglomeratio] 1. a conglomerating or being conglomerated 2. a collection, mixture, or mass of miscellaneous things … English World dictionary
conglomeration — [[t]kənglɒ̱məre͟ɪʃ(ə)n[/t]] conglomerations N COUNT: usu N of n A conglomeration of things is a group of many different things, gathered together. [FORMAL] ...a conglomeration of buildings, all tightly packed together. ...a conglomeration of… … English dictionary
conglomeration — conglomerative /keuhn glom euhr euh tiv, euh ray tiv, keuhng /, adj. /keuhn glom euh ray sheuhn, keuhng /, n. 1. the act of conglomerating; the state of being conglomerated. 2. a cohering mass; cluster. 3. a heterogeneous combination: a… … Universalium
conglomeration — con|glom|e|ra|tion [kənˌglɔməˈreıʃən US ˌgla: ] n formal a group of different things gathered together conglomeration of ▪ the loose conglomeration of artists known as L École de Paris … Dictionary of contemporary English
conglomeration — UK [kənˌɡlɒməˈreɪʃ(ə)n] / US [kənˌɡlɑməˈreɪʃ(ə)n] noun [countable] Word forms conglomeration : singular conglomeration plural conglomerations a collection of many different types of things … English dictionary