due diligence
Noun
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Noun
due diligence (uncountable)
- Appropriate, required, reasonable care or carefulness.
- Consumers are required to use their credit cards with due diligence, which includes making sure that strangers cannot find or see their PIN.
- You are required to exercise due diligence by immediately reporting unauthorized withdrawals from your account and unauthorized use of your credit card.
- (legal) A legally binding process during which a potential buyer evaluates the assets and liabilities of a company.
- German: gebotene Sorgfalt
- German: Due Diligence, Due-Diligence-Prüfung
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002