The investigation of an asset, or investment to ensure that everything is as it seems. Helps the buyer or investor make sure that there are no unexpected problems with the investment and that they are receiving fair value. The process can be informal research or complex and formal. For example, when buying a house, due diligence involves time-consuming and often expensive inspections and reports.
glossary
1. An exact copy or reproduction; replica. 2. To make an exact copy or copies of. 3. Anything corresponding in all respects to something else. 4. To do or perform again; repeat.
1. The act or procedure of making an identical copy of an original. 2. The replication, or copying of the original over and over. 3. Something or someone that strongly resembles another. 4. Something that is made to look exactly like something else. 5. The act of saying or doing over again.