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Diversification

Noun CEFR C2
dɪˌvɝsɪfɪˈkeɪʃən

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

18 more languages

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

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

Diversified Diversifier Diversifies Diversify Diversifying diversion

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