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