də̇ˌvərsəfə̇ˈkāshən, -və̄s-, -vəis- also (ˌ)dīˌ- noun
( -s )
Etymology: Medieval Latin diversification-, diversificatio, from diversificatus (past participle of diversificare to diversify) + Latin -ion-, -io -ion — more at diversify
1. : the act or process of diversifying or becoming diversified : the state of being diversified
diversification of our population
2.
a. : the practice of spreading investments among a variety of securities or classes of securities
b. : the act or policy of increasing the variety of products or manufactures (as of a manufacturing concern)