due diligence

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due diligence ‎(uncountable)

  1. Appropriate, required, reasonable care or carefulness.
    Consumers are required to use their credit cards with due diligence, which includes making sure that strangers cannot find or see their PIN.
    You are required to exercise due diligence by immediately reporting unauthorized withdrawals from your account and unauthorized use of your credit card.
  1. (law) A legally binding process during which a potential buyer evaluates the assets and liabilities of a company.