diversification
Meanings
noun
- The act, or the result, of diversifying.
- A corporate strategy in which a company acquires or establishes a business other than that of its current product.
- An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.
Pronunciation
Word forms
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.
Derived words
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