Reference meaning
due diligence
Last updated
Appropriate, required, reasonable care or carefulness.
Other meanings
2. noun
A process during which a potential party to a contract evaluates the assets and liabilities of one or more other potential parties, to assess whether it should enter into the contract.
Source and scope
This definition is reproduced from English Wiktionary, sense en-due_diligence-en-noun-j2kAa45f, under the CC BY-SA 4.0. It has not yet received VocabularyBase editorial review. Read the source and license details.