Is due diligence a phrase?
Due diligence has been used since at least the mid-fifteenth century in the literal sense “requisite effort.” Centuries later, the phrase developed a legal meaning, namely, “the care that a reasonable person takes to avoid harm to other persons or their property”; in this sense, it is synonymous with another legal term ...
- The acquiring firm exercised due diligence on the target company prior to finalizing the contract.
- By utilizing a succession of inspections before purchasing the property, the man conducted proper due diligence.
"Due diligence" is a legal term to describe when one has exercised an appropriate level of caution or investigation prior to acting or making a decision. To "do due diligence" is an attempt to use the legal term in a grammatically inappropriate way.
The term "due diligence" can be read as "required carefulness" or "reasonable care" in general usage, and has been used in the literal sense of "requisite effort" since at least the mid-fifteenth century.
carry out/conduct/perform due diligence We had the opportunity to do due diligence on the books and we think $518 is a fair offer.
He will have to convince the court that he exercised all due diligence. He has chosen to remove "wilfully"and to insert"due diligence" as a defence. If the executors, using due diligence, find someone entitled to legitim they must pay it to him without any initiative on his part.
“Diligence is the mother of good fortune, and idleness, its opposite, never brought a man to the goal of any of his best wishes.” 25. “He who labors diligently need never despair; for all things are accomplished by diligence and labor.”
Diligence means "the attention or care required," and due is used in this phrase as an adjective meaning "appropriate, expected, or necessary." So when you perform due diligence, you give some project the kind of care and attention that it needs. Imagine you're buying a used car.
Due diligence refers to being able to prove that your business has done everything reasonably possible to comply with current legislation and regulations. In other words, it helps to prove that you applied all reasonable precautions to avoid committing an offence.
/ˌduː ˈdɪlɪdʒəns/ [uncountable] (law) reasonable steps taken by a person or an organization to avoid committing a tort or an offence. The company had taken all reasonable precautions and exercised due diligence to avoid the offence.
Is there such a word as due diligence?
Due diligence has been used since at least the mid-fifteenth century in the literal sense “requisite effort.” Centuries later, the phrase developed a legal meaning, namely, “the care that a reasonable person takes to avoid harm to other persons or their property”; in this sense, it is synonymous with another legal term ...
"But this process has happened without due diligence". "It's a demonstration of what happens when you make a hasty decision without due diligence.
the quality of working carefully and with a lot of effort: She hoped that her diligence would be noticed at work. The exhibition has been researched with extraordinary diligence.
Leo is very diligent in/about his work. Their lawyer was extremely diligent in preparing their case. done in a careful and detailed way: The discovery was made after years of diligent research.
Whether you're a buyer or a seller, understanding the Due Diligence process is key to a successful transaction. It might seem complex, but remember it's there to protect both parties and ensure a fair deal. Consider seeking the help of experts to guide you through this process – it's an investment in peace of mind.
Due diligence is everything that happens in between going into contract and finishing the close. Due diligence broadly falls into the realms of the physical, financial, and legal. Don't skip any of the steps. Doing so could cost you.
| carelessness | recklessness |
|---|---|
| thoughtlessness | abandon |
| disregard | foolhardiness |
| rashness | temerity |
| wildness | audacity |
Leo is very diligent in/about his work. Their lawyer was extremely diligent in preparing their case. done in a careful and detailed way: The discovery was made after years of diligent research.
5. Eager beaver. A phrase that describes someone who is passionate and willing to put forth a lot of effort. It indicates the person is constantly ready to take on new challenges and works diligently to accomplish their aspirations.
constant in effort to accomplish something; attentive and persistent in doing anything: a diligent student. done or pursued with persevering attention; painstaking: a diligent search of the files.
Can you use diligently in a sentence?
He worked diligently to prepare himself for this three-week tournament. She diligently completed each task she was given. They diligently raised eight children on modest wages. He must diligently study until he has mastered these skills.
The primary purpose of due diligence is to mitigate risks, ensure legal compliance, and contribute to effective decision-making by providing a detailed understanding of the matter at hand.
It's equally important in everyday life, whether you're picking out an app, determining the best use of your money, or even deciding where to dine next Saturday. Due diligence is about being informed, prepared, and forward-looking in all your decisions. It's the art and science of mitigating risk.
