1. making or becoming more diverse or varied
Usage: present participle of diversify
2. spreading investments across different assets to reduce risk
Usage: finance; present participle of diversify

Examples

• The company is diversifying its product line to reach new markets.
• She’s diversifying her investment portfolio to minimize risk.
• The university is diversifying its faculty to better represent different backgrounds.
• By diversifying their crops, farmers can protect against disease outbreaks.
• The restaurant is diversifying its menu to attract more customers.
• Many tech companies are diversifying beyond their core business areas.