diversify

Meanings

• Verb

  To make (something) consist of different elements or parts; to spread or distribute in various directions; to widen or enlarge by introducing new and different elements.

  - "The company is diversifying its product line to reach a wider customer base."
  - "Investors often diversify their portfolio to reduce risk."
  - "The museum is diversifying its collection to include more works by women and artists of color."

• Verb

  To make (something) more varied or interesting by introducing new and different elements.

  - "The chef diversified the menu by adding new dishes from different cuisines."
  - "The novelist diversified her characters by giving them unique backgrounds and motivations."

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Synonyms

variegate

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Rhymes

Words rhyming with diversify
surprise , arise , prize , suprise , devise , comprise , realize

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Variants

List of all variants of diversify that leads to same result
diversified , diversifier , diversifiers , diversifies , diversify , diversifying

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'diversus' meaning 'different' or 'turned aside'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the first recorded use of the word diversify was in the 15th century?

2. The concept of diversification has been a key principle in finance since at least the 18th century.

3. Cultural diversity has been shown to lead to greater creativity, innovation, and problem-solving abilities in organizations.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Diversification in Business: The process of allocating capital in a way that reduces the exposure to any one particular asset or risk. This can include investing in a variety of industries, companies, or asset classes.

2. Diversification in Finance: The practice of allocating capital in a way that reduces the overall risk of a portfolio. This can be achieved by investing in a variety of assets, such as stocks, bonds, and commodities.

3. Cultural Diversity: The presence of different ethnic, racial, and cultural groups within a society. Celebrating and embracing cultural diversity can lead to greater understanding, tolerance, and inclusivity.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

The concept of diversifying has been a significant theme in business, finance, and economics. It is often associated with reducing risk and increasing opportunities. In literature and art, diversification can refer to exploring new ideas or perspectives.

How to Memorize "diversify"

1. visualize
   

   - Imagine a rainbow, with each color representing a different element or part. To remember the meaning of diversify, visualize spreading or distributing these colors in various directions to create a wider, more interesting rainbow.

2. associate
   

   - Associate the word diversify with the idea of exploring new and different things. To remember the meaning, think of a map with many different paths leading to new and exciting destinations.

3. mnemonics
   

   - Create a sentence using the word diversify: 'I always diversify my investments to ensure a rainbow of returns.'

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