Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “due diligence”

due diligence

noun [U]
 
 
LAW
the action that is considered reasonable for people to take in order to keep themselves or others and their property safe: exercise/demonstrate due diligence People have to exercise due diligence and watch what's being bought on their credit cards.
ACCOUNTING the detailed examination of a company and its financial records, done before becoming involved in a business arrangement with it, such as buying it or selling its shares to investors: The buyout group's due diligence is expected to run till late March.carry out/conduct/perform due diligence We had the opportunity to do due diligence on the books and we think $518 is a fair offer. due diligence exercise/investigation/process due diligence report/review/assessment
TRANSPORT the duty that the owner of a ship has to protect the people and goods on the ship from harm: The owner must exercise due diligence to provide a seaworthy ship at the commencement of the voyage.
(Definition of due diligence from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of due diligence?
Add Cambridge dictionaries to your browser to your website

Definitions of “due diligence” in other dictionaries

Word of the Day

look on the bright side

to find good things in a bad situation

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More