due diligence

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due diligence

efforts made by responsible persons to prevent causing harm to others or their property or organization.

due diligence

Informatics A legal term for efforts to intercept potential problems before they occur–eg, monitoring for fraudulent claims, ensuring privacy and security under HIPAA, via audit trails, user authentication and access controls. See HIPAA.

due dil·i·gence

(dū dil'i-jĕns)
In health care, making certain that rules and procedures are followed to avoid harming patients and staff.
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Annan chairman Henry McClelland, whose appeal to the SFL board not to act in haste over due dilligence had created the atmosphere of uncertainty, said: "We asked for clarity on the clubs in the Second and Third Division as to what our worst-case scenario is the best case and probably the most likely.
OGL will undertake due dilligence in the next two months before signing a formal agreement with the joint venture partners.
The proposal is in preliminary stage only and has not reached the stage for initiating the process of due dilligence,' Kamat said.
Reports claim that negotiations are continuing today with the process of due dilligence having been completed - although sources at the club have claimed he is not a serious contender.
As all parties carrying out due dilligence on the club have signed confidentiality agreements, it is not known for certain if the Malaysians are one of the parties to have lodged a pounds 100m offer or whether the latest guided tour was a final attempt to persuade them to do so.
Led by family-owned Italian conglomerate Marcegaglia, the deal is the subject of due dilligence procedures, with a view to transferring ownership this summer.
Urging importers to perform due dilligence, the attorney noted that a numer of companies have received notice from Customs that they are suspected of having received transshipments of shrimp product from Indonesia that originated in China, where the anti-dumping duty averages 112.
Our finance is in place, our due dilligence is completed and I'm here tonight to overcome the very last obstacle.
Meanwhile, the club has entered its second day of due dilligence as chairman Bill Kenwright's proposed pounds 20m injection into the club is examined.
If exchange rate factors do happen to make a transaction more desirable, then all well and good, but it is the strategic fit that is the prime factor in determining the initial interest, after which the hard work of deal structuring, valuation, due dilligence and negotiation begins.