diversification

CEFRC2

/dɪˌvɝsɪfɪˈkeɪʃən/

noun

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    The process of adding different types or activities.

  2. 02

    noun

    Extra detail

    A corporate strategy in which a company acquires or establishes a business other than that of its current product.

Examples

  • Animal diversification is a process through which one species diverges into two or more species.

  • The company is working on diversification of its products.

At a glance

Sits at C2 on the CEFR scale

Senses
4
Parts of speech
1
Citations
1

Also pronounced

  • /daɪˌvɝsɪfɪˈkeɪʃən/

Deep Dive

noun

Extra meanings

  1. An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.

  2. The act, or the result, of diversifying.

More examples

In context

  • In 2024, the campaigns are against video game consulting companies such as Sweet Baby for performing what some gamers believe is “forced diversification.”

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The company's blank into software helped reduce its reliance on hardware sales.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

From Medieval Latin diversificatiō, from diversificātus, past participle of diversificō (“diversify”), from Latin diversus (“turned in different ways”) + faciō (“make, do”). By surface analysis, diverse + -ification.