Definition of diversify in English:

diversify

verbdiversifies, diversifying, diversified

  • 1Make or become more diverse or varied.

    no object ‘the trilobites diversified into a great number of species’
    with object ‘new plants will diversify the habitat’
    • ‘The Brugmansia especially has been diversified into different varieties largely, it is believed, through human intervention.’
    • ‘Now it's really diversified into all kinds of different styles.’
    • ‘Pittsburgh has launched a multitude of programs to diversify the region's economy away from heavy industry into high technology.’
    • ‘Qatar, a traditional monarchy, is diversifying its oil-dependent economy by becoming host to one of the largest U.S. airbases outside of North America.’
    • ‘Enill said there were inefficiencies in the non-energy sector and Government was working on diversifying the economy.’
    • ‘Such funds are expected to go instead to the costs of decommissioning and diversifying the coastal economy.’
    • ‘The implementation of wind farms can create new skilled jobs, as well as helping to diversify economies in rural areas.’
    • ‘It was Riddoch who planted the first grape vines and helped to diversify the pastoral economy of the area with an agricultural industry.’
    • ‘Saraki insists it's time Nigeria diversifies its economy and relies less on oil as the only export commodity.’
    • ‘The felling will give forest chiefs an opportunity to diversify habitats and encourage more broadleaf trees.’
    • ‘Much as Joel has prospered from his ability to play children, he seeks to diversify his roles.’
    • ‘Because less than 10 automakers worldwide dominate the industry, suppliers have little opportunity to broadly diversify their customer base.’
    • ‘Overall, more diversified sources were used by newspapers than by the networks.’
    • ‘The economy is well diversified on this base.’
    • ‘Areas such as these tend to be very highly diversified in terms of the industrial activities which are represented locally.’
    • ‘But despite this dependency, our industrial base is well diversified.’
    • ‘When they were toppled, the ecological slate was wiped clean and mammals rapidly diversified to refill it.’
    • ‘However, none is as geographically diversified as Vodafone or as large as Vodafone.’
    • ‘By combining oil and gas, risk has been diversified in terms of its commodity exposure.’
    • ‘They will reduce their risk by diversifying sources of supply so they will not be overly reliant on a small number of suppliers.’
    1. 1.1no object (of a business) enlarge or vary its range of products or field of operation.
      ‘the company expanded rapidly and diversified into computers’
      • ‘But many of the best financial companies have diversified into other businesses that won't be hit by rising rates.’
      • ‘As Haines notes, other non-dairy companies have diversified into milk-based products.’
      • ‘The company has recently diversified into sports management and ticket sales.’
      • ‘The turning point came when the company diversified into other commercial services.’
      • ‘The company recently diversified into the organic food market and has launched its products in Delhi and Mumbai.’
      • ‘Similarly, as companies diversify and industry groups broaden, product and market conflicts of interest arise.’
      • ‘The company diversified into trailer-making after WWII, using many of the same methods and materials.’
      • ‘With the mainstay fishing industry facing stagnation, companies are diversifying.’
      • ‘In Asia Pacific companies often diversify successfully into new businesses, which are totally different and considered non-core.’
      • ‘Avena was originally set up by a North Yorkshire farmer who diversified into homeopathic products.’
      • ‘More and more farmers are now diversifying into non-food businesses such as horse-riding, farm shops and tourism.’
      • ‘From lemon grass research, the centre has diversified into new areas.’
      • ‘Many farmers across Ryedale have diversified into tourism as an alternative income to traditional farming.’
      • ‘More and more skippers swallowed their prides, converted their trawlers and diversified into shellfish.’
      • ‘The crew continued to trawl for whitefish long after many others abandoned the traditional catch and diversified into shellfish.’
      • ‘Like any other industry, tourism needs to be diversified in order for the country to gain maximum benefit.’
      • ‘The brothers have had to diversify in order to stay in business and do car repairs, services and recoveries.’
      • ‘Four years ago, the company diversified into manufacturing by buying Lee Cooper.’
      • ‘Farmers these days have to diversify to survive, and we had a good look at the options available.’
      • ‘In our case we were able to do it because some years previously we had diversified into plant growing and seed production.’
      • ‘Who wins may matter less now that the company is more diversified, Lord argues.’
      branch out, vary output, expand, enlarge operations, extend operations, spread one's wings, broaden one's horizons
      vary, bring variety to, variegate, mix
      View synonyms
    2. 1.2with object Enlarge or vary the range of products or the field of operation of (a business)
      ‘we're confident that the new owners will grow and diversify the company globally’
      as adjective diversified ‘stocks of large, diversified companies have been among the most popular with investors this year’
      • ‘Most diversified companies get that way through acquisitions.’
      • ‘But even he concedes that diversified companies with less advertising exposure are worth entertaining in this environment.’
      • ‘It's a broadly diversified company that is AAA-rated.’
      • ‘From its origins in shipping, the company became a major, diversified international company.’
      • ‘As a proprietor, Chan diversified the business to include metal products for interior decoration.’
      • ‘We have also diversified our business model and now provide a lot of consulting and support to our clients in addition to software.’
      • ‘More generally, it seems that diversified businesses grow faster and growth tends to be greatest if the diversification is unrelated.’
      • ‘During the second half of the period, stamp issues reflected more diversified Canadian business activity.’
      • ‘‘We expect to be a more diversified company; we expect to be a larger company,’ Foster says.’
      • ‘Soon Mr Doig had diversified his business interest.’
      • ‘We have to make diversified business so attractive financially in the Bahamas, that it negates the threat of natural disaster.’
      • ‘Nino said more diversified businesses will survive better during tough times.’
      • ‘Maintaining family control while building publicly traded, widely diversified media corporations is not easy.’
      • ‘Today people are diversifying their business interests and entrepreneurs are pursuing new ideas.’
      • ‘Thus, the producers who adopted weekly farrowing were the larger, less diversified producers with greater farm asset value.’
      • ‘Within a few years of arriving in Dublin, McKillen began diversifying his business interests.’
      • ‘But they also are structured to diversify the company.’
      • ‘Recently, he diversified his operations by launching an asset management firm.’
      • ‘By the end of the war Kidman was also diversifying his business.’
      • ‘The company is also diversifying its product mix to attract new customers.’

Origin

Late Middle English (in the sense ‘show diversity’): via Old French from medieval Latin diversificare ‘make dissimilar’, from Latin diversus, past participle of divertere (see divert).

Pronunciation

diversify

/dʌɪˈvəːsɪfʌɪ/ /dɪˈvəːsɪfʌɪ/