Definition
Due diligence is the process of conducting comprehensive research, investigation, and analysis of a business, investment opportunity, or transaction to assess its viability, risks, and potential rewards. Due diligence involves examining financial records, legal documents, operational procedures, market trends, and other relevant factors to make informed decisions and mitigate risks. Due diligence is commonly performed before mergers and acquisitions, investments, partnerships, or significant business transactions.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.