noun
- the act or process of diversifying; state of being diversified.
- the act or practice of manufacturing a variety of products, investing in a variety of securities, selling a variety of merchandise, etc., so that a failure in or an economic slump affecting one of them will not be disastrous.
noun
- commerce the practice of varying products, operations, etc, in order to spread risk, expand, exploit spare capacity, etc
- (in regional planning policies) the attempt to provide regions with an adequate variety of industries
- the act of diversifying
c.1600, noun of action from Medieval Latin diversificare (see diversify). Economic sense is from 1939.