Diversification Definition

noun

The act, or the result, of diversifying.

Wiktionary

A corporate strategy in which a company acquires or establishes a business other than that of its current product.

Wiktionary

Other Word Forms of Diversification

Noun

Singular:
diversification
Plural:
diversifications

Origin of Diversification

  • From Medieval Latin diversificatio, from diversificātus, past participle of diversificō (“diversify"), from Latin diversus (“turned in different ways") + facio (“make, do")

    From Wiktionary

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