Definition, Meaning & Synonyms
diversify
verb
/daɪˈvɜːrsɪfaɪ/
Definition
To make different in form or quality; to vary.
Examples
- To diversify your portfolio, consider investing in different types of assets.
- The company decided to diversify its product line to reach more customers.
- Farmers often diversify their crops to minimize the impact of crop failures.
Meaning
Diversify means to introduce variety into something, especially in terms of investments, products, or activities. When you diversify, you reduce risks by spreading them over different areas.
Synonyms
- Vary
- Diversification
- Branch out
- Expand
- Mix
