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di·ver·si·fy Listen to audio/dəˈvɚˌfaɪ/ verb
di·ver·si·fies; di·ver·si·fied; di·ver·si·fy·ing
1 : to change (something) so that it has more different kinds of people or things [+ obj] The country is diversifying its energy sources. farmers who want to diversify their crops You should diversify your investments. = Your investments should be diversified. [=you should invest your money in several different ways instead of investing it all in one thing] [no obj] Investors should diversify.
2 : to produce or sell more kinds of products : to increase the variety of goods or services produced or offered by (someone or something) [+ obj] The new CEO's chief aim is to diversify the company. [no obj] The company needs to diversify. Many publishing companies have diversified into online services.
— di·ver·si·fi·ca·tion Listen to audio /dəˌvɚsəfəˈkeɪʃən/ noun [noncount]
The company's efforts at diversification have been successful.
— di·ver·si·fied adjective [more diversified; most diversified]
a diversified company a diversified economy [=an economy that has a variety of industries]

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