diversification
/dɪˌvɝsɪfɪˈkeɪʃən/ · noun
Meaning
- The act, or the result, of diversifying.
- A corporate strategy in which a company acquires or establishes a business other than that of its current product.
- An investment strategy involving investing in a range of assets with differing features in order to reduce specific risk.
Etymology / origin
From Medieval Latin diversificatiō, from diversificātus, past participle of diversificō (“diversify”), from Latin diversus (“turned in different ways”) + faciō (“make, do”). By surface analysis, diverse + -ification.
- diversus(Latin)→
- diversificatiō(la-med)→
- diversification (English)
- Relations: bor, der
Related words
Descendant words
- diversifikaatio(Finnish) (cog)
Sources
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