diversified

Example:He has a diversified investment portfolio to minimize his financial risks.

Definition:A strategy of investing in a variety of asset classes, sectors, or other categories to reduce risk and increase potential return.

Example:The company plans to diversify its business by entering into new markets with innovative products.

Definition:The practice of expanding a business by developing new products, services, or markets to reduce dependency on existing ones.

Example:The company prides itself on having a diversified workforce that brings diverse perspectives to the table.

Definition:A workforce that includes people with different backgrounds, skills, and ages, which can bring varied perspectives and ideas.

Example:Investors often prefer diversified portfolios to protect against market fluctuations.

Definition:A portfolio that contains a wide range of different investments to spread risk and potentially increase returns.

Example:The company takes pains to diversify its risks by investing in various sectors.

Definition:Risk that is spread over a variety of factors to avoid concentrating too much risk in a single area.