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- nounlawdue diligence (noun)
- reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something.
- a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential.
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WebJan 18, 2024 · Due diligence is an investigation, audit, or review performed to confirm facts or details of a matter under consideration. Learn how due diligence is applied in different contexts, such as financial transactions, …
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