Hello, you have come here looking for the meaning of the word
due diligence. In DICTIOUS you will not only get to know all the dictionary meanings for the word
due diligence, but we will also tell you about its etymology, its characteristics and you will know how to say
due diligence in singular and plural. Everything you need to know about the word
due diligence you have here. The definition of the word
due diligence will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
due diligence, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Pronunciation
Noun
due diligence (uncountable)
- 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 process during which a potential party to a contract evaluates the assets and liabilities of one or more other potential parties, to assess whether it should enter into the contract.
Translations
appropriate or required carefulness
process of evaluating the assets and liabilities of another potential party to a contract
See also