data room
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English
Noun
data room (plural data rooms)
- A space used for housing data, usually of a secure or privileged nature in the context of mergers and acquisitions.
- 2022, Maximilian Dreher, Dietmar Ernst, Mergers & Acquisitions , Springer Nature, →ISBN, page 62:
- The best way to respond to a due diligence request is to prepare and set up a data room by the seller and its advisors. […] A data room is a physical or electronic data pool that contains a variety of essential information about the target company that the seller wants to make available to potential buyers for analysis.
