diversification

English dictionary entry

Meanings

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

Pronunciation

/dɪˌvɝsɪfɪˈkeɪʃən/ /daɪˌvɝsɪfɪˈkeɪʃən/ /daɪˌvɜːsɪfɪˈkeɪʃən/ LL-Q1860 (eng)-Vealhurl-diversification.wav LL-Q1860 (eng)-Wodencafe-diversification.wav

Word forms

diversification diversifications

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.

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