Pronunciation: /daɪˌvɜrsɪfɪˈkeɪʃən/
noun the act or process of diversifying; state of being diversified
A1 Diversification means spreading your investments across different assets to reduce risk.
A2 Investors often seek diversification by investing in a mix of stocks, bonds, and real estate.
B1 Financial advisors recommend diversification to protect against market fluctuations.
B2 Successful investors understand the importance of diversification in building a resilient portfolio.
C1 Strategic diversification involves carefully selecting a variety of assets to optimize returns.
C2 The company's diversification into new markets has helped increase its overall profitability.
adjective relating to or involving diversification
A1 Diversification of food choices can lead to a healthier diet.
A2 The company is considering diversification of its product line to attract more customers.
B1 Investors are advised to consider diversification of their portfolio to reduce risk.
B2 The diversification of investment strategies helped the company weather economic downturns.
C1 The diversification of skills and knowledge is essential for career advancement.
C2 The company's diversification into new markets proved to be a successful strategy for growth.
formal The company decided to pursue diversification in order to reduce risk and explore new opportunities.
informal I heard that they're looking into diversification to mix things up a bit.
slang They're thinking about switching things up with some diversification.
figurative Diversification is like planting different seeds in your financial garden to ensure a bountiful harvest.
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