due diligence
an analysis of a potential investment
TRANSLATION
due diligence = eine mit gebotener Sorgfalt durchgeführte Risikoprüfung due diligence = angemessene Sorgfalt --- GOOGLE INDEX due diligence: approximately 7,500,000 Google hits
STATISTICS
IN THE PRESS
Austria’s third-largest bank by assets told the Financial Times that three to four interested parties were still carrying out DUE DILIGENCE on its subsidiary, Bank Aval, which operates 818 branches in Ukraine and has 3.1 million customers.
(Financial Times)
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In corporate social responsibility terms, shareholders demanded that McDonald's prove that they conduct human rights DUE DILIGENCE.
(Huffington Post)
(Financial Times)
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In corporate social responsibility terms, shareholders demanded that McDonald's prove that they conduct human rights DUE DILIGENCE.
(Huffington Post)
Did you
know?
due diligence
noun phrase
- a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential
(Oxford Dictionary)
- the care that a reasonable person exercises to avoid harm to other persons or their property
(Merriam Webster Dictionary)
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Due diligence is a term used for a number of concepts, involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care.
It can be a legal obligation, but the term more commonly applies to voluntary investigations. A common example of due diligence in various industries is the process through which a potential buyer investigates a company or its assets.
Although recorded as early as the 1880s, the term "due diligence" was popularized as a result of the United States' Securities Act of 1933. It became even more popular during the Wall Street heydays of the 90s.
In this expression, due is used in the sense of "in accord with right, convention, or courtesy." Diligence is from the Old French "diligence" (attention, care) and the Latin diligentia (attentiveness, carefulness) and originally referred to love and care, but the sense evolved to careful, steady and earnest effort.
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SYNONYMS
attentiveness, carefulness, earnestness, heedfulness, pertinacity
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SMUGGLE OWAD into today's conversation
"We'll finalise the contract immediately after due diligence has been completed."
noun phrase
- a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential
(Oxford Dictionary)
- the care that a reasonable person exercises to avoid harm to other persons or their property
(Merriam Webster Dictionary)
---
Due diligence is a term used for a number of concepts, involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care.
It can be a legal obligation, but the term more commonly applies to voluntary investigations. A common example of due diligence in various industries is the process through which a potential buyer investigates a company or its assets.
Although recorded as early as the 1880s, the term "due diligence" was popularized as a result of the United States' Securities Act of 1933. It became even more popular during the Wall Street heydays of the 90s.
In this expression, due is used in the sense of "in accord with right, convention, or courtesy." Diligence is from the Old French "diligence" (attention, care) and the Latin diligentia (attentiveness, carefulness) and originally referred to love and care, but the sense evolved to careful, steady and earnest effort.
---
SYNONYMS
attentiveness, carefulness, earnestness, heedfulness, pertinacity
---
SMUGGLE OWAD into today's conversation
"We'll finalise the contract immediately after due diligence has been completed."
