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

advent calendar

a decorative piece of card, often hung on the wall, that has a small opening with a door for each of the days of the month before Christmas. Children open one of these doors each day, finding a picture under it.

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

tweleb noun

December 22, 2014
informal a Twitter celebrity; (more specifically, someone who has more than 1,000 followers on Twitter) There were a few old and a few new faces, including a tweleb or two. Expect to see and hear more from these cool kids.

Read More