Meaning of Diversification | Babel Free

Definitions

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

Equivalents

Examples

“In 2024, the campaigns are against video game consulting companies such as Sweet Baby for performing what some gamers believe is “forced diversification.””

CEFR level