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diligence¹ Definition

dili·gence (dilə jəns)

noun

  1. the quality of being diligent; constant, careful effort; perseverance
  2. Obsolete speed; haste
  3. Law the degree of attention or care expected of a person in a given situation

Etymology: ME < OFr < L diligentia < diligens, prp. of diligere, to esteem highly, select < di-, apart + legere, to choose, collect: see logic

diligence² Definition

dili·gence (dilə jəns; Fr dē lē z̸häns)

noun

a public stagecoach, esp. as formerly used in France

Etymology: Fr < carrossedediligence, lit., coach of diligence, i.e., fast coach < fairediligence, to hurry

diligence Synonyms

diligence

n.

assiduity, industry, perseverance, persistence, application, constancy, sedulousness, persistent exertion, assiduousness, industriousness, studiousness, pertinacity, tirelessness, carefulness, care, thoroughness, attentiveness, intentness, keenness, earnestness, steadiness, stick-to-itiveness*; see also attention 2, care 1.

Antonyms carelessness*, sloth, laziness.

diligence Law Definition

n

The effort required to carry out a responsibility or to meet a standard of care.
due diligence
A thorough review of documents, financial statements, and other relevant information pertaining to a proposed corporate transaction such as an acquisition or merger; lack of due diligence by one undertaking an examination of books and records may give rise to liability of that individual if the entity being acquired has lower value than expected.
diligence Usage Examples

Possessives

  • defense: In order to create a balance of fairness, a specific ' due diligence ' defense is commonly included in strict liability laws.

Converse of object

  • exercise: The operator of such a system must exercise all due diligence to avoid those workers being unfit.
  • execute: See also: bailiff - county court Sheriff's officer An officer of the sheriff court who serves legal documents and executes diligence.
  • conduct: Glazer's adviser, the investment bank NM Rothschild, has been conducting due diligence on Man Utd over the past month.
  • undertake: We also undertake due diligence in the event that you or your company wish to purchase a company.
  • perform: Exercise caution and perform due diligence on your vendors.
  • demonstrate: The Panel as always wishes to demonstrate due diligence to its stakeholders.

Adjective modifier

  • due: Due diligence is done, the interim figures are complete, the board's position is set.
  • unwearied: He was a man of unwearied diligence and laboriousness about his Master's business.
  • enhanced: The OECD Survey says that ERG is introducing enhanced due diligence for sensitive transactions.
  • proper: Inferior tangibility is of slight force with this class, for with proper diligence they can read the combined type with ease.
  • financial: David is based at NEL's Stockton office and is responsible for carrying out in-house financial due diligence.
  • extensive: This initial extensive due diligence is now satisfactorily completed.

Modifies a noun

  • defense: Failure to notify will be an offense, subject to a due diligence defense.
  • exercise: Companies making an acquisition normally require a due diligence exercise to be undertaken.
  • assignment: Both have wide ranging experience in carrying out audits and due diligence assignments.
  • investigation: Negotiations have reached the point of Koch employees conducting due diligence investigations at DTI sites.
  • process: However, the book is not a complete analysis of the due diligence process.
  • check: It all suggests that the publications of these reports didn't include a manual due diligence check of the results.

Preposition: in

  • respect: Attachment is the appropriate diligence in respect of moveable articles owned by the debtor, which are not kept within a dwelling house.

Browse dictionary entries near diligence

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  2. dilettante
  3. dilemma
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  5. Dilaudid
  6. dilatory
  7. dilator
  8. dilatometer
  9. dilation
  10. dilate
  1. diligent
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  3. dill pickle
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  10. diluted earnings per share