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The meaning of DUE DILIGENCE is the care that a reasonable person exercises to avoid harm to other persons or their property. How to use due diligence in a sentence. Doing Your Due Diligence.
Due diligence definition: reasonable care and caution exercised by a person who is buying, selling, giving professional advice, etc., especially as required by law to protect against incurring liability. See examples of DUE DILIGENCE used in a sentence.
Due Diligence Meaning: Due Diligence is a process that involves risk and compliance check, conducting an investigation, review, or audit to verify facts and information about a particular subject.
action that is considered reasonable for people to be expected to take in order to keep themselves or others and their property safe: People have to exercise due diligence and watch what's being bought on their credit cards. business, finance & economics specialized.
Aug 20, 2024 · What is due diligence and its meaning? This guide explains due diligence in law, business, startups, stocks, and in finance.
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.
Mar 22, 2023 · Due diligence is the steps an organization takes to thoroughly investigate and verify an entity before initiating a business arrangement, whether that’s with a vendor, a third party or a client. In the general business sense, due diligence means vetting issues that affect the business thoughtfully and carefully.
due diligence. noun. /ˌdjuː ˈdɪlɪdʒəns/ /ˌduː ˈdɪlɪdʒəns/ [uncountable] (law) reasonable steps taken by a person or an organization to avoid committing a tort or an offence. The company had taken all reasonable precautions and exercised due diligence to avoid the offence. Topics Law and justice c2. Questions about grammar and vocabulary?
Due Diligence definition: The degree of care that is reasonably to be expected or that is legally required, esp. of persons giving professional advice.
DUE DILIGENCE definition: the degree of care that is to be reasonably expected or that is legally required , esp.... | Meaning, pronunciation, translations and examples.