German word

Konzern

Pronunciation

IPA/kɔnˈtsɛɐ̯n/

Meaning

  • masculine nouncorporation

Example

Viele Konzerne investieren in Forschung und Entwicklung.

Many corporations invest in research and development.

Illustration for Konzern (corporation)

More examples

Viele Leute möchten nicht in einem Konzern arbeiten.

Many people do not want to work for a corporation.

Core concept

Several companies operate under one corporate umbrella while keeping their own legal identities.

Common phrases

  • bei einem Konzern arbeiten

    work for a corporation

  • ein multinationaler Konzern

    a multinational corporation

  • in einem Konzern angestellt sein

    be employed by a corporation

Similar words

Unternehmen: A company that provides goods or services as a business.
Firma: An everyday term for a company.
Gesellschaft: A legally recognized company or corporate entity.
Betrieb: A specific place of business, such as a factory, shop, or workplace.

Definition in German

eine wirtschaftliche Einheit aus mehreren rechtlich selbständigen Gesellschaften, die gemeinsame wirtschaftliche Kontrolle und Leitung haben

Word origin

German Konzern was borrowed from English concern and came to denote a large business organization or group of companies.

Usage tips

  • Konzern is masculine, with der Konzern in the singular and die Konzerne in the plural.

Other meanings

  • corporate groupnoun

Opposites

  • Kleinbetriebsmall businessnoun
  • Einzelunternehmensole proprietorshipnoun

Word lists with this word