Conglomeration

When you consume three-and-a-half pizzas, you’re engaged in the process of consumption.

When you investigate who stole your other half-a-pizza, you’re involved in the process of investigation.

And when you create a conglomerate out of different companies…you’re involved in the process of conglomeration. This is a process by which a parent company owns multiple organizations that operate in different businesses or industries. So the parent company will buy and own several different subsidiaries.

Find other enlightening terms in Shmoop Finance Genius Bar(f)