Due Diligence
Definition: Due
diligence is a term coined to describe the minimum amount of care
taken before entering into a financial agreement. This will take
the form of an investigation that covers every possible avenue
so as to prevent any unnecessary harm (financial or otherwise)
occurring from a deal.
Additional
Info: In the online trading and investing community due
diligence is recommended when choosing any product or service such
as: broker, managed account, software or trading system.
Related Terms:
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