Capable of being diversified or varied.(adjective)
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Use "diversifiable" in a sentence
"If you assume you know all the numbers and the numbers are all constant, then it is true risk-pooling adds no value, because you have assumed away all diversifiable risk."
"The expected return for the non systemic risk is zero (Market does not reward for taking diversifiable risk.)"
"I, and many other people, believe that a well-functioning insurance market with some limits on coverage would be much better than being exposed to eminently diversifiable catastrophic health risk."