diversification

[ dih-vur-suh-fi-key-shuhn, dahy- ]

noun

1. the act or process of diversifying; state of being diversified. diversify.
2. the act or practice of manufacturing a variety of products, investing in a variety of securities, selling a variety of merchandise, etc., so that a failure in or an economic slump affecting one of them will not be disastrous.

Other Words From

• nondi·versi·fi·cation noun
• over·di·versi·fi·cation noun

Word History and Origins

Origin of diversification¹

First recorded in 1595–1605, diversification is from the Medieval Latin word dīversificātiōn- (stem of dīversificātiō ). See diversify, -fication

Example Sentences

But doctors are trained in medicine; firefighters know how to fight fires; teachers teach — why do we all have to learn about index funds and diversification too?

From Salon

Since his 2013 Hall of Fame induction, Trump has not appeared on WWE programming - and with the evolution of its brand and the diversification of its weekly product, it is unlikely he ever will again.

From BBC

While Walz's lack of investments and diversification potentially make him more relatable, he has something many of us don't — a pension, which is a defined benefit plan.

From Salon

I hope that the success of my song didn’t happen because they felt they needed diversification.”

From Los Angeles Times

The diversification of the government service and military talent pool can be traced back to the early 1940s.

From Slate

Related Words

• diversity