due diligence
Definitions
Accounting
- noun the examination of a company’s accounts prior to a potential takeover by another organisation. This assessment is often undertaken by an independent third party.
Banking
- noun the duty of an official such as a bank manager not to act in an irresponsible way
Food
- noun a requirement of the food safety legislation that food producers must take all reasonable care that the food they produce is safe, and is produced and packed in a way that prevents contamination
Law
- noun the carrying out of your duty as efficiently as is necessary
