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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.
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 Seven Virtues are a set of moral principles that include chastity, temperance, charity, diligence, patience, kindness, and humility.
Diligence is a behavior or work ethic with a belief that work is good in itself; also considered a virtue. Diligence may also refer to: Due diligence, a legal concept; Diligence (Scots law), a legal process in Scots law; Operational due diligence, review process for potential mergers and acquisitions
Work ethic is a belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities. [1] Desire or determination to work serves as the foundation for values centered on the importance of work or industrious work.
Operational due diligence (ODD) is the process by which a potential purchaser reviews the operational aspects of a target company during mergers and acquisitions, private equity investments, or capital raising. Its purpose is to ensure that the business model and operations of the target are suitable to the goals of the buyer.
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In the context of the Mahayana Abhidharma, virya is commonly translated as diligence. [7] Pali literature. In Buddhism's Pali literature, ...