Definition, Meaning & Synonyms
due-diligence
noun
/ˈdjuː ˈdɪlədʒəns/
Definition
Due diligence is the process of investigating and evaluating a potential investment or acquisition to understand its risks and opportunities.
Examples
- The company conducted due diligence before purchasing the startup.
- Investors often perform due diligence to assess potential risks.
- Before signing the contract, he made sure to complete his due diligence.
Meaning
It refers to the careful and thorough examination of a business or investment before making a decision to ensure all necessary information is considered.
Synonyms
- investigation
- examination
- scrutiny
- research
