Word Explorer

Diversification

/daɪˌvɜːsɪfɪˈkeɪʃən/

The act, or the result, of diversifying.

📖 Definitions of "Diversification"

noun
  1. 1

    The act, or the result, of diversifying.

  2. 2

    A corporate strategy in which a company acquires or establishes a business other than that of its current product.

  3. 3

    An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.

Translate “Diversification” into Another Language

Pick a language — the word will be pre-filled in the translator.

Home/Dictionary/Diversification