diversify

To diversify is defined as to divide up and add variety.

(verb)

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.

See diversify in Webster's New World College Dictionary

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: ME diversifien < OFr diversifier < ML diversificare, to make different < L diversus (see diverse) + facere, do

intransitive verb

to undertake expansion of a line of products or otherwise multiply business operations

Related Forms:

See diversify in American Heritage Dictionary 4

verb di·ver·si·fied, di·ver·si·fy·ing, di·ver·si·fies

verb, transitive

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.

verb, intransitive

To spread out activities or investments, especially in business.

Origin:

Origin: Middle English diversifien

Origin: , from Old French diversifier

Origin: , from Medieval Latin dīversificāre

Origin: : Latin dīversus; see diverse

Origin: + Latin -ficāre, -fy

Related Forms: