due diligence

due diligence

noun

Definition of DUE DILIGENCE

1

: the care that a reasonable person exercises to avoid harm to other persons or their property

2

: research and analysis of a company or organization done in preparation for a business transaction (as a corporate merger or purchase of securities)

First Known Use of DUE DILIGENCE

1877

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, emolument, green-collar, marque, overhead, perquisite