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Due diligence can be a legal obligation, but the term more commonly applies to voluntary investigations. It may also offer a defence against legal action. A common example of due diligence is the process through which a potential acquirer evaluates a target company or its assets in advance of a merger or acquisition. [1]
The last words of the Buddha were, "Strive on with diligence." Diligence is an integral part of all Buddhist teaching, and considered the fourth of the pāramitā.In Mahayana tradition, diligence is the third pāramitā and the first said to lead to liberation, and it is said that its practice brings an increase of qualities.
Enhanced due diligence [4] is required when initial identity checks have been completed and high-risk factors have been identified for an individual or a business. When these requirements have been met "enhanced" or additional due diligence above and beyond CDD is conducted which identifies the following information: [4] Source of wealth and ...
A standard of care is a medical or psychological treatment guideline, and can be general or specific. It specifies appropriate treatment based on scientific evidence and collaboration between medical and/or psychological professionals involved in the treatment of a given condition.
The colloquial abbreviation dates to the 1860s; the verb form of the word, meaning "to treat an animal," came a few decades later—according to the Oxford English Dictionary, the earliest known usage is 1891 [3] —and was applied primarily in a horse-racing context ("He vetted the stallion before the race," "You should vet that horse before ...
Its name was originally short for "My Due Diligence." [1] In 2005, MyDD was profiled in Campaigns and Elections magazine, crediting the site with being "the first major liberal blog." [2] In January 2006, the name was changed to "My Direct Democracy" as part of a site redesign, with the new tagline "Direct Democracy for People-Powered Politics."
Thesaurus Linguae Latinae. A modern english thesaurus. A thesaurus (pl.: thesauri or thesauruses), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms ...
The holder on due course rule allows banks to take an "empty head and pure heart" approach to buying loans, and to close their eyes to anything beyond the face of a promissory note when due diligence would reveal obvious irregularities in how that note was originated.