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diversification

The correct spelling is diversification.

How to pronounce diversification

noun

IPA: /daɪˌvɜːsɪfɪˈkeɪʃən/

Say it like: Div-ers-ifi-cas-hon

The correct spelling is diversification. The act, or the result, of diversifying.

Usage Examples

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Definition

noun

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

Similar words

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