the act or process of diversifying; state of being diversified.
the act or practice of manufacturing a variety of products, investing in a variety of securities, selling a variety of merchandise, etc., so that a failure in or an economic slump affecting one of them will not be disastrous.
Origin of diversification
First recorded in 1595–1605, diversification is from the Medieval Latin word dīversificātiōn- (stem of dīversificātiō). See diversify, -fication
Example sentences from the Web for diversification
The much-criticized universal bank model is demonstrating what Dimon always claimed was a big plus, that it offers broad diversification by uniting businesses that rise and fall at different times.
How JPMorgan Chase is proceeding with extreme caution—and still making plenty of money|Shawn Tully|October 14, 2020|Fortune
She agreed that diversification will be paramount for restaurants.
Momofuku CEO: Restaurants ‘need to diversify’ after COVID|rhhackettfortune|October 13, 2020|Fortune
While nearly 40% mentioned the need to control pandemic or government support, some 30% of respondents said “economic diversification,” while 29% said “double down on oil.”
After the boom: Canada’s oil capital faces an uncertain future|kdunn6|September 21, 2020|Fortune
In terms of diversification and more investment opportunities, I am happy to see a growing number of issuers.
Volkswagen is the latest carmaker to tap the red-hot green-bond market to fund its EV ambitions|Bernhard Warner|September 16, 2020|Fortune
Diversification was as beneficial in financial investments as it was in growing crops and raising livestock.
‘The Harness Maker’s Dream:’ The Unlikely Ranch King of Texas|Nick Kotz|September 20, 2014|DAILY BEAST
“Diversification” is a hedge fund wife eschewing a Lily Pulitzer tote bag in favor of one made by Sloane Ranger or Jonathan Adler.
The Hell of the Hamptons: Why the Exclusive Hotspot Is a Mind-Numbing Drag|Robert Gold|August 18, 2014|DAILY BEAST
Sure, there were internal disputes over strategy and diversification efforts that went awry.
Morgan Stanley Retreats From Investment Banking and Trading|Daniel Gross|January 11, 2013|DAILY BEAST
Suddenly Dell, a company that trumpets its diversification efforts, found itself on the wrong side of the females in the tech biz.