English · Work & Business
due-diligence
/djuː ˈdɪl.ɪ.dʒəns/
[/djuː ˈdɪl.ɪ.dʒəns/]
careful investigation
Advancednoun
Definition
The careful investigation of a business or person before signing an agreement.
Example
The buyer's due diligence uncovered debts that the seller had not disclosed.
The buyer's due diligence uncovered debts that the seller had not disclosed.
Etymology
A legal phrase combining 'due' and 'diligence', established in business law.
How & Where It’s Used
Used in mergers, investment, and legal contexts.