Word info

due diligence

Noun

Meaning

Appropriate, required, reasonable care or carefulness.
Consumers are required to use their credit cards with due diligence, which includes making sure that strangers cannot find or see their PIN.
You are required to exercise due diligence by immediately reporting unauthorized withdrawals from your account and unauthorized use of your credit card.

(law) A legally binding process during which a potential buyer evaluates the assets and liabilities of a company.

Source: en.wiktionary.org

Examples

The Only cure for nihilism is for liberal democratic societies - their electorates, their judiciary, and their political leadership- to insist that force is legitimate only to the degree that it serves defensible political goals. Thus implies a constant exercise of due diligence... Michael Ignatieff

Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence. Henry Paulson

The constitution is the ultimate custodian of social will and its making should be accorded all due diligence. Mwai Kibaki

I am still doing my due diligence. A vote on a Supreme Court nominee is a lifetime appointment and when the court decides, it is the law of the land. Bob Menendez

Your initial instincts about investments and people are usually correct. We do a lot of due diligence in this business and most of the time it comes out where we started. Alan Patricof

I'm a pretty disciplined investor and pretty disciplined buyer. I do my due diligence. I do my homework. I don't waste money. Bruce Rauner

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