Definify.com
Definition 2024
due_diligence
due diligence
English
Noun
- Appropriate, required, reasonable care or carefulness.
- Consumers are required to use their credit cards with due diligence, which includes making sure that strangers cannot find or see their PIN.
- You are required to exercise due diligence by immediately reporting unauthorized withdrawals from your account and unauthorized use of your credit card.
- (law) A legally binding process during which a potential buyer evaluates the assets and liabilities of a company.
Translations
appropriate or required carefulness
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a legally binding process during which a potential buyer evaluates the assets and liabilities of a company
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