Switch to text-only version for screen readers & visually impaired
Wachovia logo: go to home page


SMALL BUSINESS GLOSSARY


Alphabetical Listing
Search  
H J K Q X
D
Current TermDue Diligence
Due Diligence
The legal definition: a measure of prudence, activity or assiduity, as is properly to be expected from, and ordinarily exercised by, a reasonable and prudent person under the particular circumstances. In CMBS: due diligence is the foundation of the process because of the reliance securities investors must place on the specific expertise of the professionals involved in the transaction.