Diversification

noun

/daɪˌvɜːsɪfɪˈkeɪʃən/

Word Frequency: 3.2

Definitions

1.nounThe act, or the result, of diversifying.

2.nounA corporate strategy in which a company acquires or establishes a business other than that of its current product.

3.nounAn investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.

The Daily Word NerdA new word, a puzzle, and a fun fact — free in your inbox every morning.

Free forever · unsubscribe anytime · all 14 newsletters

That email did not go through — please check it and try again.