noun Download 🔗Share The act, or the result, of diversifying. Examples : "The family achieved financial security through careful diversification of their investments, spreading their money across stocks, bonds, and real estate. " business economy Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A corporate strategy in which a company acquires or establishes a business other than that of its current product. Examples : "The company pursued diversification by buying a chain of coffee shops after primarily selling computer software. " business economy finance industry commerce organization Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk. Examples : "To reduce the risk of losing all their savings, the family implemented a diversification strategy for their investments, including stocks, bonds, and real estate. " business finance economy asset Chat with AIVocabulary GamePractice Reading
