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diversification Meaning & Definition

/daɪˌvɜːsɪfɪˈkeɪʃən/

What Does Diversification Mean?

Diversification is a noun that means The act, or the result, of diversifying. It is also used to mean A corporate strategy in which a company acquires or establishes a business other than that of its current product.

Quick Facts About Diversification

Part of speechnoun
Pronunciation//daɪˌvɜːsɪfɪˈkeɪʃən//
Syllables1
Pluraldiversifications

Diversification Definition (Noun)

  1. The act, or the result, of diversifying.
  2. A corporate strategy in which a company acquires or establishes a business other than that of its current product.
  3. An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.

Synonyms of Diversification

The source does not list synonyms for this entry.

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Antonyms of Diversification

No antonyms or near antonyms are listed by the available sources for this entry.

Diversification in a Sentence

No example sentences are available for this entry.

Word Forms & Grammar

diversification (countable and uncountable, plural diversifications)

Words That Rhyme With Diversification

Origin of Diversification

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.

How Do You Say Diversification?

You say diversification as //daɪˌvɜːsɪfɪˈkeɪʃən//. It has 1 syllable.

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