- When you are only interested in watching soccer but then you decide to watch baseball and football too, this is an example of a time when you diversify your interests.
- When you invest in stocks, bonds and mutual funds and spread your money across all these different kinds of investments, this is an example of a time when you diversify your portfolio.
- When your company only made orange juice and you expand into making soap, this is an example of a time when you diversify your product offerings.
transitive verb-·fied·, -·fy·ing
- to make diverse; give variety to; vary
- to divide up (investments, liabilities, etc.) among different companies, securities, etc.
- to expand (a business, line of products, etc.) by increasing the variety of things produced or of operations undertaken
Origin of diversifyMiddle English diversifien from Old French diversifier from Medieval Latin diversificare, to make different from Classical Latin diversus (see diverse) + facere, do
verbdi·ver·si·fied, di·ver·si·fy·ing, di·ver·si·fies
- a. To give variety to; vary: diversify a menu.b. To extend (business activities) into disparate fields.
- To distribute (investments) among different companies or securities in order to limit losses in the event of a fall in a particular market or industry.
Origin of diversifyMiddle English diversifien from Old French diversifier from Medieval Latin dīversificāre Latin dīversus ; see diverse . Latin -ficāre -fy
(third-person singular simple present diversifies, present participle diversifying, simple past and past participle diversified)
From Old French diversifier