DIVERSIFICATION


Meaning of DIVERSIFICATION in English

/di verr'seuh fi kay"sheuhn, duy-/ , n.

1. the act or process of diversifying; state of being diversified.

2. the act or practice of manufacturing a variety of products, investing in a variety of securities, selling a variety of merchandise, etc., so that a failure in or an economic slump affecting one of them will not be disastrous.

[ 1595-1605; diversification- (s. of diversificatio ). See DIVERSIFY, -FICATION ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .