diversify

views updated May 18 2018

di·ver·si·fy / diˈvərsiˌfī; dī-/ • v. (-fies, -fied) make or become more diverse or varied: [intr.] the trilobites diversified into a great number of species | [tr.] they seek to diversify their approach to teaching | [as adj.] (diversified) a diversified economy. ∎  [intr.] (of a company) enlarge or vary its range of products or field of operation: the company expanded rapidly and diversified into computers. ∎  [tr.] [often as adj.] (diversified) enlarge or vary the range of products or the field of operation of (a company): the rise of the diversified corporation. ∎  [tr.] spread (investment) over several enterprises or products in order to reduce the risk of loss: a prudent investor should diversify his or her holdings | [as adj.] (diversified) a diversified portfolio of assets. DERIVATIVES: di·ver·si·fi·ca·tion / -ˌvərsifiˈkāshən/ n.