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

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