due diligence

• (UK) IPA^(key): /ˈdjuː ˌdɪl.ɪ.d͡ʒəns/, /d͡ʒuː ˌdɪl.ɪ.d͡ʒəns/
• (US) IPA^(key): /ˈdu ˌdɪl.ɪ.d͡ʒəns/
• (General Australian, New Zealand) IPA^(key): /ˈd͡ʒʉː ˌdɪl.ɪ.d͡ʒəns/

due diligence (uncountable)

1. Appropriate, required, reasonable care or carefulness.

   Consumers are required to use their credit cards with due diligence, which includes making sure that strangers cannot find or see their PIN.

   You are required to exercise due diligence by immediately reporting unauthorized withdrawals from your account and unauthorized use of your credit card.

2. (law) A process during which a potential party to a contract evaluates the assets and liabilities of one or more other potential parties, to assess whether it should enter into the contract.

• duty of care