Due diligence

Definition:

An internal audit of a target firm by an acquiring firm. Offers are often made contingent upon resolution of the due diligence process.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Noninsured plans

Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans.

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