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Due diligence is to make sure you really went through and tried your best to find an answer or to complete a project. One needs to make sure they had correct phone numbers to follow up, actually make the call, and report findings.

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12y ago

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How do you spell due diligence?

It's two words: due diligence.


What is the latin word for due diligence?

diligentia quam in suis


What is the purpose of due diligence regarding a hedge fund?

Due diligence is used to refer an investigation that is undertaken before a contract is signed. The purpose of due diligence is to make sure that the contract will be beneficial, generally within an acceptable risk rate, and possibly to make sure that any business or legal requirements are met or addressed.


Due diligence definition?

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How does due diligence differ from due care?

Due diligence is doing everything possible to meet the terms of a contract. Due care is doing everything a prudent person would do in a situation to avoid an accident.


Diligence is the mother of good luck?

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Use diligence in a sentence?

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How do you say due diligence in Spanish?

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How much is due diligenece?

Interesting question. Due diligence is all about doing the thing necessary to ensure the person's or organization's interests are "looked after". As an example if a friend of yours was going swimming and he asked you to hold and watch his wallet for him, you wouldn't just leave the wallet somewhere someone could steal it. If you did that, you could be accused of not applying due diligence. You will of hear the term used in the real estate business. If you are responsible for taking people to see houses and some one wants to buy a house, due diligence requires you to go directly to your office and prepare a contract. Legally determining due diligence is what is expected of the person, did they try their best to do it, and did they keep you informed?