DUEDILIGENCE

Due diligence

"Due diligence" is a term used for a number of concepts, involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care.

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due diligence

Noun

  1. A legally binding process during which a potential buyer evaluates the assets and liabilities of a company.


The above text is a snippet from Wiktionary: due diligence
and as such is available under the Creative Commons Attribution/Share-Alike License.

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