Definition of "diversification" []

• The act, or the result, of diversifying (noun)
• A corporate strategy in which a company acquires or establishes a business other than that of its current product (noun)

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• "Portfolio diversification is often simplified as spreading one"
• "Portfolio diversification is often simplified as spreading one's nest eggs among several baskets."
• "Based on Facebook's latest valuations, co-founder Mark Zuckerberg would have given up nearly $1 billion in future value for every percentage point of equity he might have sold in the name of diversification."