due diligence
Noun
A detailed assessment of a party's overall economic and financial position (e.g., creditworthiness, the risk involved in the transaction, and suitability of the terms) and legal capacity to enter into the transaction.
A detailed assessment of a party's overall economic and financial position (e.g., creditworthiness, the risk involved in the transaction, and suitability of the terms) and legal capacity to enter into the transaction.
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