Quick Answer: Can You Use Diligence In A Sentence?

Do my do diligence?

The dictionary definition says that due diligence means “the care that a reasonable person exercises to avoid harm to other persons or their property.” In plain English,due diligence means doing your homework.

Before putting your business funds to work on anything, you should make yourself an expert..

How would you describe a diligent person?

Diligent definitions. Persevering and careful in work; industrious. … The definition of diligent is hard working and done with painstaking effort. An example of diligent is a worker who always stays late to get projects done on deadline.

What are the two types of due diligence?

Types of Due DiligenceLegal.Financial.Merger and Acquisition.Customer.Human Resources.Environmental.Taxes.Commercial.

What is due diligence checklist?

A due diligence checklist is an organized way to analyze a company that you are acquiring through sale, merger, or another method. … A due diligence checklist is also used for: Preparing an audited financial statement or annual report. A public or private financing transaction.

Why is due diligence important?

Financial due diligence in particular allows the buyer to assess all financial aspects of a potential acquisition to determine what the benefits, liabilities, risks and opportunities are. In conjunction with other forms of due diligence it is generally the best way to ensure what you pay is justified.

How do you use diligently in a sentence?

Diligently sentence examplesGreek models were diligently studied by Virgil and Horace. … Their investigation has since been diligently prosecuted. … He kept on diligently collecting materials, and as he did so was constrained to modify some of the statements he had published. … At the same time he diligently pursued the practice of his profession.More items…

What are the 4 due diligence requirements?

The Four Due Diligence RequirementsComplete and Submit Form 8867. … Compute the Credits Based on the Facts. … Ask All the Right Questions. … Keep Records.

What is an example of diligence?

An example of diligence is a person who does a job efficiently and takes care of little details. The effort required to carry out a responsibility or to meet a standard of care. Conscientiousness or determination or perseverance when doing something. A public stage-coach.

What is proper diligence?

1 law : the care that a reasonable person exercises to avoid harm to other persons or their property failed to exercise due diligence in trying to prevent the accident.

Can you use due diligence in a sentence?

The lawyer did all of the necessary due diligence to prepare a case before the trial. If due diligence would have been done, the accident could have been prevented. While you should perform due diligence before buying a used car, you also shouldn’t be paranoid.

What exactly is due diligence?

Due diligence is an investigation, audit, or review performed to confirm the facts of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party.

What are the types of diligence?

The three main categories of due diligence are legal, financial and commercial. Although these have traditionally been distinct, the best due diligence programmes maintain an element of close cooperation as the work in one area can often inform the checks being carried out elsewhere.

What are synonyms for diligence?

Synonyms foralertness.earnestness.intensity.quickness.vigor.attentiveness.constancy.exertion.

What does lack of diligence mean?

1 an insufficiency, shortage, or absence of something required or desired.

What is due diligence in food safety?

Due diligence in food safety refers to being able to prove that your business has done everything reasonably possible to prevent food safety breaches. … It helps to prove that you applied all reasonable precautions and due diligence to avoid committing an offence.