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what does diligence mean?

2007-01-18 03:35:56 · 5 answers · asked by piSto 1 in Business & Finance Renting & Real Estate

5 answers

Since you are asking this question in the Business section of Yahoo! Answers, you probably mean "due diligence". Due diligence is the background research conducted in preparation for a large transaction, such as an acquisition, an equity investment, or a loan. Depending on what you unearth during due diligence, you may decide to proceed with the transaction, decline to participate, request additional information from your counterparty, or revise the price you are willing to pay.

2007-01-18 03:55:06 · answer #1 · answered by NC 7 · 1 0

The meaning can vary based on the context.

Go to the online dictionary cited below for a range of answers. Just click on the link and you will be sent to the definition for the word.

For the most part it will mean that you do what you say and otherwise apply yourself. If you were to use the phrase due diligence then you would be talking about checking the assumptions and statements made by the other party.

2007-01-18 13:39:24 · answer #2 · answered by Anonymous · 0 0

due diligence mean with care . it a business term use in business or in professional world .. it mean take care from all thing or risks that may cause in business a harm or threat or something else for you. if you want to know more about us
see
http://safehirings.com/
or
http://safehirings.com/business-due-diligence-services.php

2013-12-23 05:25:25 · answer #3 · answered by Anonymous · 0 0

do you mean "due diligence?" it basically means performing an investigation or conducting research to provide clarity.

2007-01-18 11:51:43 · answer #4 · answered by Anonymous · 0 0

Hello
To be aware of the situation

hope this helps

2007-01-18 11:41:46 · answer #5 · answered by Police Artist 3 · 0 0

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