🌐diversification

noun
ˌdaɪvɜːsɪfɪˈkeɪʃən

Meaning

The practice of spreading investments across various assets or sectors to reduce risk.
Strategy of investing or expanding income in different sectors.
The process of a business enlarging or varying its range of products or field of operation.

Example Sentences

Diversification helps to reduce investment risk.

Companies adopt diversification strategies to reduce risk.

Companies adopt diversification strategies to reduce risk.

Synonyms

variety, range, expansion, variation, differentiation
Entry 1
variety, range
Entry 2
expansion, variation, differentiation
Entry 3
expansion, variation, differentiation

Antonyms

concentration, specialization, uniformity, narrow focus
Entry 1
concentration, specialization
Entry 2
specialization, uniformity, narrow focus
Entry 3
specialization, uniformity, narrow focus