to diversify
Pronunciation
/daɪˈvɝsəˌfaɪ/, /dɪˈvɝsəˌfaɪ/

Definition & Meaning of "diversify"in English

to diversify
01

(of a business) to increase the range of goods and services in order to reduce risk of failure

Intransitive: to diversify into a field of activity
to diversify definition and meaning
Grammatical Information
Composition
derived
Action verb
Regular
Present tense
diversify
3rd person singular
diversifies
Present participle
diversifying
Past simple
diversified
Past participle
diversified
Examples
The technology company decided to diversify into the healthcare sector.
02

to change something in order to add variety to it

Transitive: to diversify sth
to diversify definition and meaning
Examples
The university is working to diversify its faculty to create a more inclusive academic environment.
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