diworsify
English
editEtymology
editBlend of diversify + worse.[1]
Verb
editdiworsify (third-person singular simple present diworsifies, present participle diworsifying, simple past and past participle diworsified)
- (intransitive, transitive, finance, business, informal, humorous) To make something worse by diversifying.
- 2007, James Lowell, What Every Fidelity Investor Needs to Know, Hoboken, N.J.: John Wiley & Sons, Inc., →ISBN, page 102:
- You can see whether and to what extent a fund manager is lagging or beating his or her benchmark, and whether he or she is taking on more risk than the investment universe (or, on the other hand, lagging due to holdings in cash, or "diworsifying" by going beyond its single-sector mandate).