due care

(redirected from Due diligence)
Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.

due care

n. the conduct that a reasonable man or woman will exercise in a particular situation, in looking out for the safety of others. If one uses due care then an injured party cannot prove negligence. This is one of those nebulous standards by which negligence is tested. Each juror has to determine what a "reasonable" man or woman would do.

References in periodicals archive ?
This Helpdesk would carry out due diligence checks with regard to EU restrictive
Overall, due diligence for medical devices falls in the middle of this spectrum and has evolved in recent years, driven in part by consolidation among larger medtech companies, a lackluster IPO market, and a dwindling number of buyers.
There are several types of due diligence processes carried out in an acquisition scenario (depending on the size of the transaction) and these are:
The extent of due diligence will vary depending on whether assets or shares are being purchased.
"GM Korea wants the due diligence to be completed within one or two months," said an official.
Management books define due diligence as "investigation by or on behalf of an intended buyer of a product or service to check that the seller has the desired assets, turnover, profits, market share positions, technology, customer franchise, patents and brand rights, contracts and other attributes required by the buyer or claimed by the seller."
Pangilinan said the infrastructure conglomerate is currently undertaking its technical due diligence.
The newly created platform will provide key functions such as product analysis, due diligence and ongoing performance monitoring for the five subsidiaries that comprise Ladenburg's network of independent advisory and brokerage (IAB) firms such as Securities America, Triad Advisors, Investacorp, KMS Financial Services and Securities Service Network.
A NDA is signed before due diligence begins so non-public business information is able to be accessed by both parties in the agreement, though they are strictly forbidden from sharing it with third parties.
This new service integrates the SwissAnalytics Ramses quantitative tools and broader risk due diligence capabilities within Castle Hall's online diligence platform, DueDiligenceProfessional.
Investment Management Due Diligence Association (IMDDA) is an organization singularly focused on both investment management and operational due diligence.
The question that I often get is what due diligence a buyer needs to do.