due diligence meaning
MeaningMobile
- Noun: due diligence
- (law) reasonable care taken by a person to avoid harm to other people and their property
Derived forms: due diligences
Encyclopedia: Due diligence
[Business]
noun1 [U]
the process of taking great care in doing sth or deciding sth, especially in buying or selling sth:
We try to exercise due diligence in selecting employees.
She believes brokers are not doing enough due diligence on investment funds.
Banks have increased their due diligence on granting large loans.
❖ to act with/conduct/do/exercise/undertake due diligence
2 (Law ) [U,C]
a process in which sb examines the financial records, documents, etc. of a business in order to decide whether they want to buy it and how much money to offer:
The deal is subject to due diligence.
An exact sale price will be set after a due diligence is completed in May.
doing due diligence on a company
❖ to carry out/complete/conduct/do/undertake (a) due diligence (on sth)
◆ a due diligence exercise/procedure/process
[Economics]
1) An internal analysis by a lender, such as a bank, of existing debts owed by a borrower in order to identify or re-evaluate the risk.2) An independent analysis of the current financial state and future prospects of a company in anticipation of a major investment of venture capital or a stock-exchange flotation.
[Finance]
An internal audit of a target firm by an acquiring firm. Offers are often made contingent upon resolution of the due diligence process.
[Law]
The legal obligation of states to exercise all reasonable efforts to protect aliens and their property in the host state. Such aliens must have been permitted entry into the host state. If there is a failure or lack of due diligence, the state in default is held responsible and liable to make compensation for injury to the alien or to the alien's estate. See STATE RESPONSIBILITY.
Examples
- Foreign investment controls due diligence review
- A bit of due diligence will go a long way
- Conduct business, financial, accounting and tax due diligence
- Marketing and business planning due diligence
- Undertaking restructuring; financial and tax due diligence
- A process of due diligence and scrutiny
- Commercial document due diligence
- Perform tax due diligence
- Legal due diligence investigation and non-performing financial assets valuation
- For this final checkpoint, your due diligence is the only software required
Other Languages
- "due diligence" meaning in Chinese: 谨慎处理/恪尽职责
- "due diligence" meaning in Japanese: due diligence相当な注意そうとうなちゅういデューディリジェンス
- "due diligence" meaning in Russian: должная заботливость, осмотрительность
- "due diligence" meaning in French: plan détaillé et précis sur les activités de la société et...