diversify

Definitions

To make or become more varied or diverse.

To enlarge the range of products or field of operation of a business.

To distribute investments among different types of assets to reduce risk.

Examples

The company decided to diversify its product line to attract a wider range of customers.

Financial advisors often recommend that investors diversify their portfolios to minimize risk.

Synonyms

vary expand branch out broaden differentiate spread out multiply

Antonyms

standardize unify concentrate simplify homogenize consolidate restrict