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due delignece


Definitions from the Web

Term: Due Diligence


Due diligence refers to the careful examination or investigation of a person, company, or situation prior to engaging in a business transaction. It involves conducting a comprehensive assessment and verification to ensure that all relevant information is available and accurate.

Sample Sentences:

  • Before investing in a company, it is crucial to perform due diligence to assess its financial stability and market potential.
  • The legal team spent several weeks diligently conducting due diligence on the acquisition target.
  • Buyers should exercise due diligence by thoroughly researching the property they intend to purchase.
  • The due diligence process involves reviewing contracts, financial statements, and legal documents.

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