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diversification
[dih-vur-suh-fi-key-shuhn, dahy-]
noun
the act or process of diversifying; state of being diversified. diversify.
the act or practice of manufacturing a variety of products, investing in a variety of securities, selling a variety of merchandise, etc., so that a failure in or an economic slump affecting one of them will not be disastrous.
Other 51Թ Forms
- nondiversification noun
- overdiversification noun
51Թ History and Origins
Origin of diversification1
Example Sentences
“It’s really predicated on this idea of diversification and growth within the region.”
But she added: "Increased consolidation has the potential to improve retirement outcomes through improved governance, wider investment diversification and improved bargaining power."
"Without diversification we'd really be struggling. I don't know a single farm business that isn't diversified," he said.
"Bear in mind that for us, diversification is key. We are producing in almost 50 different markets with non-exclusive suppliers so we are more than used to adapt ourselves to change," he tells me.
China is reaping the rewards from that diversification.
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