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Definition of due diligence noun from the Oxford Advanced Learner's Dictionary

due diligence

noun
 
/ˌdjuː ˈdɪlɪdʒəns/
 
/ˌduː ˈdɪlɪdʒəns/
[uncountable]
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  1. (law) reasonable steps taken by a person or an organization to avoid committing a tort or an offence
    • The company had taken all reasonable precautions and exercised due diligence to avoid the offence.
    Topics Law and justicec2
  2. (business) a careful investigation of the state of a business by a person or organization that is thinking of buying it or investing in it
    • Investors are encouraged to perform their own due diligence on a company prior to investment.
    Topics Businessc2
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noun
 
 
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