Due Diligence

Online world is tricky, I am lucky enough not to fell for things like this in old times, but not this time, ouch.

According to dictionary.com:

Main Entry: due diligence
Function: noun

1. such diligence as a reasonable person under the same circumstances would use : use of reasonable but not necessarily exhaustive efforts called also reasonable diligence
   NOTE: Due diligence is used most often in connection with the performance of a professional or fiduciary duty, or with regard to proceeding with a court action. Due care is used more often in connection with general tort actions.
2. a : the care that a prudent person might be expected to exercise in the examination and evaluation of risks affecting a business transaction
   b : the process of investigation carried on usually by a disinterested third party (as an accounting or law firm) on behalf of a party contemplating a business transaction (as a corporate acquisition or merger, loan of finances, or esp. purchase of securities) for the purpose of providing information with which to evaluate the advantages and risks involved <the greatest exposure…for failure to conduct adequate due diligence arises in the context of public offerings of securities —G. M. Lawrence>
   c : the defense (as to a lawsuit) that due diligence was conducted

Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.

Due Diligence - DD

1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale.
2. Generally, due diligence refers to the care a reasonable person should take before entering in an agreement or transaction with another party.

Investopedia Commentary

1. Offers to purchase an asset are usually depend on the results of due diligence analysis. This includes reviewing all financial records plus anything else deemed material to the sale. Sellers could also perform a due diligence analysis on the buyer. Items that may be considered are the buyer's ability to purchase, as well as other items that would affect the purchased entity or the seller after the sale has been completed.
2. Due diligence is essentially a way of preventing unnecessary harm to either party involved in a transaction.

Since I am just a regular person looking for a sales job, none of the above law nor finance definitions are applicable to my intended description, but the general one above in green color. I apologies for my poor level of English, online American English. My defense as a non native English speaking, I know only "due" and "diligence" as below.


According to Random House Webster's college dictionary --2nd. ed. (ISBN 0-679-45570-1):

due adj

1. owing or owed
2. owing or observed as a moral or natural right
3. rightful; proper; fitting
4. be present, or arrive; scheduled

diligence n

1. constant and earnest effort to accomplish what is undertaken
2. the degree of care and caution expected of a person

According to Oxford Advanced learner's English-Chinese Dictionary (Fourth Edition), ISBN 0 19 586872 2:

due /dju:; US du:; du/ adj

1. [pred] ~ (to sb) owed as a debt or an obligation
2. [pred] requiring immediate payment
3. [pred] ~ (to do sth) scheduled; arranged; expected
4. [attrib] suitable; right; proper; after due consideration. With all due respect.

diligence n [U]

1. ~ (in sth/in doing sth) steady effort; careful hard work;

To my English grammar knowledge (fail ESL classes have nothing to do with English), the fourth [attrib] definition from adjective in front of noun is the only valid way I know of able to put together the word "due diligence" since both dictionary I own does not contain the compound "due diligence"

Fear counter honest, covered by happiness, creating doubt, given peace. Is my view of facing my homeland, USA, to action against change :)

P.S. Damn it, which one should I now go for, paper or electronic? Whichever suitable, never absolute. LOL o==(^0^g) (The whole thing was an honest mistake by the time I resign and I lie with a written excuse trying to solve the dilemma, but scary follow up actions due to the nature of absolute honest is the horn of the dilemma without solutions)