di·ver·si·fy (dĭ-vûr'sə-fī', dī-) v.
di·ver·si·fied, di·ver·si·fy·ing, di·ver·si·fies
v.
tr.
To give variety to; vary: diversify a menu.
To extend (business activities) into disparate fields.
To distribute (investments) among different companies or securities in order to limit losses in the event of a fall in a particular market or industry.
v.
intr. To spread out activities or investments, especially in business.
[Middle English diversifien, from Old French diversifier, from Medieval Latin dīversificāre : Latin dīversus; see diverse + Latin -ficāre, -fy.] di·ver'si·fi·ca'tion (-fĭ-kā'shən) n.
To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries.