Diversification
Definition, Meaning & Examples
Pronunciation /dɪˌvɝsɪfɪˈkeɪʃən/ · Part of speech noun
Quick meaning: Diversification is a noun meaning The act, or the result, of diversifying.
Meaning
The act, or the result, of diversifying.
More Meanings
- A corporate strategy in which a company acquires or establishes a business other than that of its current product.
- (finance) An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.
Example Sentences
In 2024, the campaigns are against video game consulting companies such as Sweet Baby for performing what some gamers believe is “forced diversification.”
Word Forms
- diversifications
Related Words
Related dictionary entries include variation, variety, diverse, diversity, scope, changeover.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.