FT Professional Glossary
Due diligence
Reasonable steps taken by a person or an organisation to avoid committing a tort or an offence. A careful investigation of the state of a business by a person or organisation that is thinking of buying it or investing in it
Example usage from an FT article:
He said it would require the company to do due diligence on the labour practices of all the group’s suppliers, with a global supply chain that involves “100,000” companies.
Excerpt from "Qatar will ‘stop’ EU gas sales if fined under due diligence law"
