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diversification
noun
The act of introducing variety (especially in investments or in the variety of goods and services offered)
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Pronunciation
dɪˌvɝsɪfɪˈkeɪʃən
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Meaning
Definitions
noun
The act of introducing variety (especially in investments or in the variety of goods and services offered)
“My broker recommended a greater diversification of my investments”
noun
The condition of being varied
“That restaurant's menu lacks diversification: every day it is the same”
In context
Example Sentences
My broker recommended a greater diversification of my investments
He limited his losses by diversification of his product line
That restaurant's menu lacks diversification: every day it is the same
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