What is another word for diversification?
Pronunciation: [da͡ɪvˌɜːsɪfɪkˈe͡ɪʃən] (IPA) 
Diversification is a term that typically refers to the process of expanding or spreading out investments, business operations, or other areas of focus to reduce risk and increase overall stability. However, there are a number of synonyms that can also be applied to this concept. Alternatives may include expansion, broadening, extension, variation, diversification, increase, growth or development. Each of these words emphasizes a slightly different aspect of what it means to diversify, from opening up new avenues for revenue to creating a more diverse portfolio of assets. No matter which word you choose, the basic idea remains the same: by diversifying your interests, you can protect yourself against instability and create a more sustainable future.
