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diversification
[ dih-vur-suh-fi-key-shuhn, dahy- ]
noun
- 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.
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Other Words From
- nondi·versi·fi·cation noun
- over·di·versi·fi·cation noun
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Word History and Origins
Origin of diversification1
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Example Sentences
Diversification was as beneficial in financial investments as it was in growing crops and raising livestock.
“Diversification” is a hedge fund wife eschewing a Lily Pulitzer tote bag in favor of one made by Sloane Ranger or Jonathan Adler.
Geographic diversification, CEO Ning Yuan tells CNBC, in case the home market falters.
Sure, there were internal disputes over strategy and diversification efforts that went awry.
Suddenly Dell, a company that trumpets its diversification efforts, found itself on the wrong side of the females in the tech biz.
The growing diversification of traffic because of its financial importance merits more concrete illustration.
Facts daily presented to our observation afford equally simple reasons for the almost infinite diversification of language.
None are excluded from achieving that diversification of pursuit among the people which brings wealth and contentment.
The benefits of this diversification are very great and the change symbolizes more than we at first realize.
Then commences the really characteristic process of development,20 viz., differentiation or diversification.
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