diversify

verb

di·​ver·​si·​fy də-ˈvər-sə-ˌfī How to pronounce diversify (audio)
dī-
diversified; diversifying

transitive verb

1
: to make diverse or composed of unlike elements : give variety to
diversify a course of study
2
: to balance (an investment portfolio) defensively by dividing funds among securities (see security sense 3) of different industries or of different classes
diversify your investments
3
: to increase the variety of the products of
diversify the company

intransitive verb

1
: to produce variety
encouraging farmers to diversify
2
: to engage in varied operations
diversifying into online services
diversifier noun

Examples of diversify in a Sentence

The country is diversifying its energy sources. farmers who want to diversify their crops The new CEO's chief aim is to diversify the company. The company needs to diversify. Many publishing companies have diversified into online services.
Recent Examples on the Web Beyond his involvement in media, Koo has diversified his interests into other lucrative ventures, including his acquisition of a high-end Chinese restaurant, Ming House, as well as savvy real estate investments. Faye Bradley, Variety, 16 Mar. 2024 Blavatnik, who made his initial fortune by acquiring aluminum smelting facilities after the collapse of the Soviet Union, has diversified heavily into real estate, gaming and entertainment in recent years. Jordan Hoffman, The Hollywood Reporter, 13 Mar. 2024 Saudi Arabia’s Public Investment Fund (PIF) is at the forefront of the kingdom’s bid to diversify from its oil reliant economy, with high-profile bets on tech, sports and airlines. Lionel Lim, Fortune Asia, 8 Mar. 2024 Efforts to diversify production away from China have been going on for years, in part as a hedge against political risks and rising labor and business costs in China. Don Lee, Los Angeles Times, 7 Mar. 2024 The Middle East nation announced that firms, including Amazon Web Services, will invest over $10 billion in building data centers in the country, as Saudi Arabia tries to modernize and diversify its energy-dependent economy. John Kell, Fortune, 6 Mar. 2024 At one level, BP has recently decided to diversify less because the company’s stockmarket returns were lower than desired – the profit motive is still a concern. Ian Palmer, Forbes, 29 Feb. 2024 Unleashing procurement’s power through digitalization Steering procurement strategies toward a dynamic balance between efficiency and resilience, digitalization is helping midsize businesses diversify suppliers and adopt a multi-sourcing mindset. Forbes, 1 Mar. 2024 Why Modi’s economy offers a real alternative to China India is also widely seen as an alternative to China for countries and companies looking to diversify their supply chains, particularly as the relationship between Washington and Beijing sours. Diksha Madhok, CNN, 1 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'diversify.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Middle English dyversefyen "to change, vary," borrowed from Anglo-French & Medieval Latin; Anglo-French diversefier, diversifier "to change, vary, be variable, be different," borrowed from Medieval Latin dīversificāre "to differentiate, differ, disagree, be at variance," verbal derivative of Late Latin dīversificus "varied," from Latin dīversus "turned in different directions, differing" + -i- -i- + -ficus -fic — more at diverse

First Known Use

15th century, in the meaning defined at transitive sense 1

Time Traveler
The first known use of diversify was in the 15th century

Dictionary Entries Near diversify

Cite this Entry

“Diversify.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/diversify. Accessed 29 Mar. 2024.

Kids Definition

diversify

verb
di·​ver·​si·​fy də-ˈvər-sə-ˌfī How to pronounce diversify (audio)
dī-
diversified; diversifying
1
: to make diverse : give variety to
2
: to increase the variety of products of
diversify a business
diversification noun

More from Merriam-Webster on diversify

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