English · Work & Business
diversify
/daɪˈvɜːr.sɪˌfaɪ/
[/daɪˈvɜːr.sɪˌfaɪ/]
spread variety
Advancedverb
Definition
To increase the variety of something, especially to spread risk or expand offerings.
Example
Advisors urge investors to diversify across industries to reduce overall portfolio risk.
Advisors urge investors to diversify across industries to reduce overall portfolio risk.
Etymology
From Latin 'diversus' (turned different); the financial sense developed in modern investing.
How & Where It’s Used
Used in investing, business strategy, and economics.