Origin: Latin suffix -tion
Diversification has 3 different meanings across 1 category:
the act of introducing variety (especially in investments or in the variety of goods and services offered)
"my broker recommended a greater diversification of my investments"
"he limited his losses by diversification of his product line"
the condition of being varied
"that restaurant's menu lacks diversification; every day it is the same"
The act, or the result, of diversifying.
"The company's recent shift into renewable energy markets marked a significant step in its overall diversification strategy."