Diversifying: meaning, definitions and examples

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diversifying

[ daɪˈvɜːrsɪfaɪɪŋ ]

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business

To diversify means to make a variety of different things or to become more varied. In business, diversifying often refers to expanding a company's products or services into new markets or industries.

Synonyms

broaden, expand, extend, vary

Examples of usage

The company is diversifying its product line to attract new customers.
She believes diversifying her investments will help reduce risk.

Translations

Translations of the word "diversifying" in other languages:

🇵🇹 diversificando

🇮🇳 विविधीकरण

🇩🇪 diversifizieren

🇮🇩 mendiversifikasi

🇺🇦 диверсифікація

🇵🇱 dywersyfikacja

🇯🇵 多様化する

🇫🇷 diversifier

🇪🇸 diversificando

🇹🇷 çeşitlendirme

🇰🇷 다양화하다

🇸🇦 تنويع

🇨🇿 diverzifikace

🇸🇰 diverzifikácia

🇨🇳 多样化

🇸🇮 diverzifikacija

🇮🇸 fjölbreytni

🇰🇿 әртараптандыру

🇬🇪 დივერსიფიკაცია

🇦🇿 şaxələndirmə

🇲🇽 diversificación

Word origin

The word 'diversify' originated from the Latin word 'diversificare', which means 'to make diverse'. The concept of diversifying has been around for centuries, with the idea of spreading risk or resources across different areas. In the business context, diversifying became popular in the mid-20th century as companies sought to reduce dependence on a single product or market.