Business / Loan / Due Diligence: Refers to the task of carefully confirming all critical assumptions and facts presented by a borrower. This includes verifying sources of income, accuracy of financial statements, value of assets that will serve as collateral, the tax status of the borrower and any other material facts presented by the borrower.
Due Adjective Synonyms: fitting, right, rightful, correct, proper, appropriate, apropos, apposite, suitable, apt, meet, deserved, (well-)earned, merited, just, justified
Due Noun Synonyms: payable, owed, owing, unpaid, outstanding, in arrears
Business / Finance / Due Diligence Meeting: An internal audit of a target frim by an acquiring firm. Offers are often made contingent upon resolution of the due diligence process. MORE
Business / Real Estate / Holder In Due Course: The holder of a negotiable instrument (check or note) purchased for value when the instrument appears complete and regular on its face, is taken before its due date and without notice of previous dish MORE