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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
Examples
The technology company decided to diversify into the healthcare sector.
The clothing retailer plans to diversify into the home decor market.
02
to change something in order to add variety to it
Transitive: to diversify sth
Examples
The university is working to diversify its faculty to create a more inclusive academic environment.
The artist seeks to diversify their artistic style by exploring various techniques.
Lexical Tree
diversified
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