diversification

Use Diversification in a sentence

di·ver·si·fi·ca·tion

[dih-vur-suh-fi-key-shuhn, dahy-]
noun
1.
the act or process of diversifying; state of being diversified.
2.
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:
1595–1605; < Medieval Latin dīversificātiōn- (stem of dīversificātiō). See diversify, -fication

non·di·ver·si·fi·ca·tion, noun
o·ver·di·ver·si·fi·ca·tion, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
diversification (daɪˌvɜːsɪfɪˈkeɪʃən) [Click for IPA pronunciation guide]
 
n
1.  commerce the practice of varying products, operations, etc, in order to spread risk, expand, exploit spare capacity, etc
2.  (in regional planning policies) the attempt to provide regions with an adequate variety of industries
3.  the act of diversifying

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Diversification has a plethora of syllables.
So is cyclotrimethylenetrinitramine. Does it mean:
a white, crystalline, water-insoluble, powerful high explosive, C3H6N6O6, used chiefly in bombs and shells.
(used as a nonsense word by children to express approval or to represent the longest word in English.)
Etymonline
Word Origin & History

diversification
c.1600, noun of action from M.L. diversificare (see diversify). Economic sense is from 1939.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The process of regional diversification was spurred by the air war, and is now apparently to be maintained and extended.
Joint ventures, mergers, all the other forms of diversification are allowing them to reach new markets.
And diversification across many product categories and markets enables the firm to spread risk.
Diversification is a means for exchanges to benefit from fast-growing or
  especially profitable parts of the financial markets.
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