Meaning & use
diversification
The process of adding variety, especially by spreading investments or activities to reduce risk.
See it in a sentence
The fund's diversification across industries helped it survive the market downturn.
The farmer's diversification into fruit crops protected him from a single bad harvest.
A note on using this word
Diversification is especially common in finance, where it describes spreading investments across assets to reduce overall risk.
Words with a similar meaning
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Words with an opposite meaning
specialization
Make it your own
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