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What does diversifies mean?

Looking for the meaning or definition of the word diversifies? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of diversify
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Examples
Their occasional rap at the pegs diversifies the stitchings and is often happily timed to settle an internal argument.
Thanks to the Progressive Media Project, its staff, and the foundations and donors that fund it as it diversifies and democratizes the op-ed pages of our nation's newspapers.
Saraki insists it's time Nigeria diversifies its economy and relies less on oil as the only export commodity.
This is a mutual fund that further diversifies risk by investing in several hedge funds that invest in different sectors and have different strategies and management styles.

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