Due Diligence defined: Due diligence is an investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale. Generally, due diligence refers to the care a reasonable person should take before entering into an agreement or a transaction with another party.
Above is a definition for "Due Diligence" from PrivCo's Private Company Knowledge Bank, the definitive online and e-book guide to private companies and private company deals.
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