| gen. |
due diligence (actions taken to satisfy a legal requirement, especially when buying or selling something or employing someone: The England and Wales Cricket Board is to review the way it carries out its due diligence on potential investors. Phrase Bank ⃝ The firm was instructed by its client to carry out a due diligence investigation of the target group. ⃝ We often conduct due diligence on behalf of investment banks. ⃝ How does one carry out a due diligence exercise? ⃝ The lawyers produced a brief due diligence report. ⃝ After months of due diligence and negotiation, the buyer agreed to pay $10m for the company. TED Alexander Demidov) |
