Diversify: meaning, definitions and examples

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diversify

[ daɪˈvɜrsəˌfaɪ ]

^{Context #1}

investment

To vary the range of products or investments within a portfolio in order to reduce risk.

Synonyms

broaden, expand, spread, vary

Examples of usage

The financial advisor recommended diversifying the client's investment portfolio.
Diversifying your investments can help protect against market fluctuations.
It's important to diversify your portfolio to minimize risk.

^{Context #2}

business

To offer a variety of products or services to attract a wider range of customers.

Synonyms

broaden, expand, extend, vary

Examples of usage

The company decided to diversify its product line to appeal to different market segments.
By diversifying their offerings, the business was able to reach a larger audience.
Diversifying their services allowed the company to stay competitive in the market.

Translations

Translations of the word "diversify" in other languages:

🇵🇹 diversificar

🇮🇳 विविधता लाना

🇩🇪 diversifizieren

🇮🇩 mendiversifikasi

🇺🇦 диверсифікувати

🇵🇱 dywersyfikować

🇯🇵 多様化する (tayouka suru)

🇫🇷 diversifier

🇪🇸 diversificar

🇹🇷 çeşitlendirmek

🇰🇷 다양화하다 (dayanghwahada)

🇸🇦 تنويع (tanweea)

🇨🇿 diverzifikovat

🇸🇰 diverzifikovať

🇨🇳 多样化 (duōyànghuà)

🇸🇮 diverzificirati

🇮🇸 fjölga

🇰🇿 түрлендіру

🇬🇪 გაფართოება (gafart'oba)

🇦🇿 müxtəlifləşdirmək

🇲🇽 diversificar

Word origin

The word 'diversify' originated from the Latin word 'diversificare', which means 'to make diverse'. The concept of diversification can be traced back to ancient times when traders would spread their goods across different routes to minimize the risk of losing everything in one place. In modern times, diversification has become a key strategy in finance, business, and various other fields to manage risk and maximize opportunities.