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English definition of “due diligence”

due diligence

noun [U] uk   us  
action that is considered reasonable for people to be expected to take in order to keep themselves or others and their property safe: People have to exercise due diligence and watch what's being bought on their credit cards. specialized business, finance & economics the detailed examination of a company and its financial records, done before becoming involved in a business arrangement with it
(Definition of due diligence from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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