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Diversification
//dɪˌvɝsɪfɪˈkeɪʃən// noun
Definitions
Noun
- 1 The act, or the result, of diversifying. countable, uncountable
"In 2024, the campaigns are against video game consulting companies such as Sweet Baby for performing what some gamers believe is “forced diversification.”"
- 2 the act of introducing variety (especially in investments or in the variety of goods and services offered) wordnet
- 3 A corporate strategy in which a company acquires or establishes a business other than that of its current product. countable, uncountable
- 4 the condition of being varied wordnet
- 5 An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk. countable, uncountable
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.
See also for "diversification"
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