diversification

Meaning

1. (countable, uncountable) The act, or the result, of diversifying.
2. (countable, uncountable) A corporate strategy in which a company acquires or establishes a business other than that of its current product.
3. (countable, uncountable) An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.

Synonyms

variegation

spread

diversification of investments

variety

diversity

multifariousness

plurality

product diversification

versatility

diversified management

crop diversification

production diversification

diversification strategy

decentralization

business diversification

diverseness

escalation

invention

largeness

multiplicity

Translations

diversification

diversificación

Diversifikation

diversificazione

diversificação

diversificació

διαφοροποίηση

تنويع

Veränderung

verandering

afwisseling

diversité

تشكيل

Diversifizierung

Pronounced as (IPA)

/dɪˌvɝsɪfɪˈkeɪʃən/

Etymology

From Medieval Latin diversificatiō, from diversificātus, past participle of diversificō (“diversify”), from Latin diversus (“turned in different ways”) + faciō (“make, do”). By surface analysis, diverse + -ification.