EGAVE

diversification

Academic Word List, sublist 6.

About 3.21 uses per million words.

Meaning

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

Similar words

variation variety diverse diversity scope changeover plurality conversion differentiation broadening

Often followed by

of and in is into strategy has was to

Word family

diverse diversely diversifications diversified diversifies diversify diversifying diversity

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