Term: diversify
diversify (verb) /daɪˈvɜːr.sɪ.faɪ/
Similar to: vary; branch out; expand; spread; broaden
Definition: to make or become more varied; to add new and different types of products, investments, or activities to a business or portfolio.
Translation: dažādot, diversificēt, paplašināt (darbību)
Examples:
“The government is trying to diversify the economy so it is less dependent on oil exports.”
“Farmers are being encouraged to diversify into organic produce or tourism.”
“To lower your risk, you should diversify your stock portfolio.”
Merriam-Webster Online Dictionary
diversify (verb)transitive verb
1.
to make give variety to - diverse diversify a course of study
2.
to balance (as an investment portfolio) defensively by dividing funds among securities of different industries or of different classes
3.
intransitive verb
to increase the variety of the products of - diversify a business
1.
to produce variety
2.
to engage in varied operations