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Diversification Meaning in English

word · lemma: diversify

Definition

The process of making something more varied, especially by adding different types or kinds; often used for investments, businesses, or products.

Usage & Nuances

Mostly used in business and finance, as in 'diversification of investments' to reduce risk. Can also refer to adding variety in products or ideas. Usually formal and academic.

Example Sentences

Diversification helps reduce financial risk.

basic

The company is focusing on diversification of its products.

basic

Diversification can make a business stronger.

basic

Thanks to diversification, their investment portfolio survived the market crash.

natural

Farmers benefit from diversification when weather is unpredictable.

natural

There's been a real push for diversification in the tech industry lately.

natural