Diversify

usgb/daɪˈvɜːrsɪfaɪ/
verb

To make or become more varied or different.

It's important to diversify your investment portfolio to spread risk.
Visual representation of "diversify" - To make or become more varied or different

Often appears as...

  • diversify the portfolio
  • diversify the business
Definition 1 of 3
Visual representation of "diversify"
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Risk Management

Diversifying is crucial for reducing risk in various situations like investments or business strategies.

Illustration for Risk Management
To weather market fluctuations, they diversified their holdings.
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Beyond Finance

Though often used in finance, diversify can apply to many areas, such as diets, skill sets, or activities.

Illustration for Beyond Finance
She diversified her skills by learning graphic design.
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Stagnation Antonym

Use 'diversify' to imply change or variety as opposed to monotony or uniformity.

Illustration for Stagnation Antonym
He diversified his daily routine to stay motivated.
Visual representation of the word "Diversify"

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