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Multinational Meaning: Definition, Examples, and Translations

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multinational

[ˌmʌltɪˈnæʃənl ]

Definition

Context #1 | Adjective

business

Involving or operating in several countries. A multinational company has offices and facilities in multiple countries around the world.

Synonyms

global, international, transnational.

Which Synonym Should You Choose?

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Word Description / Examples
multinational

This word is suitable when referring to companies that operate in multiple countries but retain a strong connection to their home country. It is frequently used in a business or economic context.

  • The multinational corporation has offices in over 30 countries.
  • She works for a multinational company based in Germany.
international

International pertains to relations or activities between different countries. It is commonly used in contexts involving cooperation, agreements, or interactions across national borders.

  • The international trade agreement was signed by multiple countries.
  • She studied international relations at the university.
global

Global is used in a broader sense, referring to something that affects or involves the entire world. It can be applied to issues, companies, or phenomena that span worldwide.

  • Climate change is a global issue that requires immediate action.
  • The company has a global presence, with markets in every continent.
transnational

This word is often used in academic or legal contexts to describe actions, issues, or entities that transcend national boundaries without being limited to any one nation, sometimes implying a level of complexity and legal considerations.

  • Transnational crime networks pose a challenge for law enforcement agencies.
  • The study focuses on transnational migration patterns.

Examples of usage

  • The multinational corporation has branches in over 50 countries.
  • Multinational trade agreements aim to promote economic cooperation between nations.
  • Many multinational companies strive to maintain diversity in their workforce.
  • The multinational expansion of the business led to increased profits.
  • Globalization has facilitated the growth of multinational enterprises.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Economic Impact

  • Multinational companies can influence local economies, sometimes providing jobs but also affecting local businesses.
  • They often invest heavily in emerging markets, driving innovation and growth.
  • Their global reach enables them to spread risks across different markets, which can lead to greater financial stability.

Cultural Exchange

  • These companies promote cultural exchange by introducing products and business practices from one country to another.
  • They can help local cultures gain exposure to global trends while also adopting local customs.
  • However, there can be tensions regarding cultural identity, as global brands may overshadow local ones.

Legal Framework

  • Multinational corporations often navigate complex international laws and regulations.
  • They may face challenges related to taxation, labor laws, and intellectual property in different countries.
  • International trade agreements can significantly impact how these businesses operate across borders.

Pop Culture

  • Many popular films and music acts are backed by multinational companies, showcasing their influence on entertainment.
  • Branding from these corporations can unify global consumer experiences, like fast food or technology brands.
  • Cultural products from multinationals can reflect a hybrid identity, blending elements from various cultures.

Origin of 'multinational'

Main points about word origin

  • The term combines 'multi-' from Latin, meaning 'many', and 'national', relating to countries.
  • This word started being used in the early 20th century as global trade expanded.
  • It reflects the growth of international trade and commerce driven by advancements in transportation and communication.

The term 'multinational' originated in the early 20th century, derived from the prefix 'multi-' meaning many, and 'national' indicating a country. As globalization increased and businesses expanded across borders, the concept of multinational corporations became more prevalent. Today, multinational companies play a significant role in the global economy, impacting trade, employment, and cultural exchange.

See also: international, national, nationalism, nationalist, nationalistic, nationality, nationalization, nationalize, nationally, nationals, nationwide, transnational.

Word Frequency Rank

Ranked #10,870, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.