due diligence
0 antonyms and opposites of due diligence, grouped by meaning.
Noun — The careful investigation and checking a sensible person carries out before committing to something important, such as verifying facts, records and risks before a purchase or agreement.
How to use due diligence
The word patterns that sound natural to a native speaker.
Uncountable, so it takes no article in most uses: do due diligence, not do a due diligence. Common in both everyday and legal contexts; "do your due diligence" is the ordinary spoken form.
Frequently asked questions
What does it mean to do your due diligence?
It means investigating properly before you commit: checking the facts, the paperwork and the risks yourself rather than trusting what you have been told. In everyday use it covers anything from vetting a landlord to researching a used car.
What is the difference between due diligence and an audit?
An audit is a formal check that financial statements are accurate and comply with accounting standards, usually done annually. Due diligence is broader and forward-looking, examining contracts, staff, legal risk and prospects to help someone decide whether to go ahead with a deal.
How long does due diligence take on a business deal?
For a small acquisition it can be a few weeks; for a large or cross-border one it often runs for several months. The timetable is usually written into the agreement, with the buyer able to walk away or renegotiate if problems surface.