Etymology:
The word "conglomerate" comes from the Late Latin "conglomeratus," meaning "rolled or gathered together." It is derived from the Latin verb "conglomerare," which means "to roll or wind together."
Meaning:
Origin:
The use of the term "conglomerate" to refer to a large corporation emerged in the late 1800s and early 1900s with the rise of industrialization and the formation of massive companies controlling multiple industries. The term's use in geology dates back to at least the 18th century, where it referred to the coarse-grained sedimentary rock.
Examples:
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