单词 | due diligence |
释义 | due diligencedue diligencedue diligenceResearch; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.due diligencedue diligenceInformatics 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)due diligenceDue diligenceDue Diligencedue diligenceThe process of investigating all facts,conditions,rules,laws,regulations,financial considerations, or any other such matters as would affect one's decision to purchase property. The various types of investigations as would comprise due diligence will vary from property to property. With the purchase of a home, it might include nothing more than a home inspection, termite report, and a review of any restrictive covenants.When purchasing raw land for development, it could include zoning issues, possible environmental contamination, surveys, soil compaction studies, analysis of cost to develop versus value when completed, and so on as far as the imagination can go. |
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