What does due diligence mean?
Definitions for due diligence
due dili·gence
This dictionary definitions page includes all the possible meanings, example usage and translations of the word due diligence.
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Wiktionary
due diligencenoun
A legally binding process during which a potential buyer evaluates the assets and liabilities of a company.
Wikipedia
Due diligence
Due diligence is the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract with another party or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate on the decision at hand and all its costs, benefits, and risks.
Wikidata
Due diligence
"Due diligence" is a term used for a number of concepts, involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition.
Numerology
Chaldean Numerology
The numerical value of due diligence in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of due diligence in Pythagorean Numerology is: 8
Examples of due diligence in a Sentence
The due diligence industry has seen a boom in business in recent years as new and unknown bidders emerge out of China, our clients are interested in identifying a bidder's source of funds, understanding whether they have links to the government, or are affiliated with larger state-run firms that have been investigated by Chinese anti-corruption authorities.
I don’t think the federal government has done its due diligence or us any justice.
We want doctors and scientists and the public to trust in the recommendations and decisions that are made, to be able to point to the F.D.A. and C.D.C. doing their due diligence.
You have to ask yourself why an agent from the FBI would want to leave after 10 years, they obviously didn’t do any kind of due diligence with their background check.
As is best practice in foreign acquisitions involving U.S. businesses, the parties will make a voluntary filing with CFIUS, even though no obvious national security concerns were identified during due diligence.
Translations for due diligence
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"due diligence." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/due+diligence>.
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