Diversify Meaning in English
word
Definition
To make something more varied by adding different types or categories; often used when talking about investments, products, or interests.
Usage & Nuances
Common in business and finance: 'diversify your portfolio' means investing in various assets. Formal in tone; rarely used in casual speech. Can refer to expanding interests or product lines. Avoid confusing with 'vary' (change) or 'divert' (change direction).
Example Sentences
Many farmers diversify their crops to reduce risk.
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The company wants to diversify its products.
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It is wise to diversify your investments.
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She's trying to diversify her skills to get better job opportunities.
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Investors often diversify so they're not relying on just one type of asset.
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If the restaurant wants to survive, it needs to diversify its menu.
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