diversify

/da‌ɪvˈɜːsɪfˌa‌ɪ/

/daɪˈvɝsəˌfaɪ/, /dɪˈvɝsəˌfaɪ/

to diversify

MAIN VERB

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

synonyms : branch out

antonyms : specialize

to change something in order to add variety to it

spread into new habitats and produce variety or variegate

synonyms : radiate

Examples

1. Investors should diversify their investments instead of putting all their eggs in one basket.

2. The business owner anticipated a downturn in the market and diversified their products, avoiding losses.

3. The financial advisor recommended diversifying the investment portfolio to maximize yield and minimize risk.

4. Including pulses in your weekly meal plan can help diversify your diet.