diversification

[dih-vur-suh-fi-key-shuhn, dahy-]

noun

1. the act or process of diversifying; state of being diversified. diversify.

2. 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.

Other Word Forms

• nondiversification noun
• overdiversification noun

Word History and Origins

Origin of diversification¹

First recorded in 1595–1605, diversification is from the Medieval Latin word dīversificātiōn- (stem of dīversificātiō ). See diversify, -fication

Example Sentences

Spiders of the genus Dysdera have undergone remarkable diversification in the Canary Islands, a region often described as a natural laboratory for studying evolution in isolation.

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“From a diversification point of view, it is an interesting element.”

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It remains heavily reliant on oil, with little diversification into other sectors, and some concerns remain over its ability to participate meaningfully in ASEAN's development agenda.

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Ironically, one of the most promising opportunities for supply diversification lies in China’s own backyard: Central Asia.

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Khankhuuluu appears to be the last known Asian ancestor of the Tyrannosaurs before their diversification in North America.

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Related Words

• diversity