Due diligence in Tamil
Definition:
According to the Oxford English Dictionary, the definition of “due diligence” is:
“Carefulness and attention to detail in order to avoid making mistakes or to achieve a specific goal. Specifically, the thorough and careful investigation or research that is expected of a person or organization to be done before making a decision or entering into a commitment, especially in business or legal matters.”
In other words, due diligence is the process of carefully gathering and evaluating relevant information, reviewing and analyzing it, and making a well-informed decision based on that information. It involves being thorough, meticulous, and objective in one’s investigation or research, in order to minimize the risk of errors, mistakes, or disputes.
In business and legal contexts, due diligence is often used to refer to the process of conducting extensive research and investigations before:
* Making a major financial investment or purchase
* Entering into a business agreement or contract
* Acquiring or merging with another company
* Providing financial services or products
* Making a significant decision that could have legal or financial implications
The term “due diligence” is often used interchangeably with “corporate due diligence” or “investigative due diligence,” and is considered essential in many industries, including finance, law, real estate, and healthcare.
Translation of ‘Due diligence ‘ in Tamil:
உரிய விடாமுயற்சி
Examples:
- Here are three unique example sentences using the word “due diligence”:
- 1. The potential investor conducted thorough due diligence on the startup, thoroughly reviewing its financial records and interviewing key team members before deciding to provide funding.
- 2. After discovering a warning sign of potential fraud in the company’s books, the accountant performed additional due diligence to uncover the truth and prevent further financial losses.
Synonyms:
they may not always be interchangeable with “due diligence” in every context., Here are some synonyms for the phrase “due diligence”:
1. Thorough investigation
2. Deliberate inquiry
3. Careful examination
4. Scrutiny
5. Review
6. Research
7. Inquiry
8. Exploration
9. Investigation
10. Probing
11. Analytical review
12. In-depth analysis
13. Meticulous examination
14. Rigorous assessment
15. Impeccable scrutiny
Some antonyms of “due diligence” include:
1. Lackadaisical approach
2. Careless oversight
3. Negligence
4. Disregard
5. Inattention
6. Laxity
7. Slapdash treatment
8. Perfunctory examination
Note that while these synonyms convey a sense of thoroughness and attention to detail
Antonyms:
which is antithetical to the diligence and attention required by due diligence.
6. Rash: Rash means acting impulsively or without careful consideration, which is the opposite of the careful and meticulous approach involved in due diligence.
4. Cursory: Cursory means superficial or perfunctory, or thoroughness, which is the opposite of the careful and meticulous approach required by due diligence.
8. Inattentive: Inattentive means failing to pay attention or focus, which is the opposite of the thorough and detailed approach required by due diligence.
5. Lackadaisical: This term implies a lack of enthusiasm or seriousness, Here are some antonyms for the word “due diligence”:
1. Negligence: This refers to a lack of care or attention, which is the opposite of due diligence.
2. Apathy: Apathy means a lack of interest or concern, which is the opposite of due diligence., which is antithetical to the thoroughness and attention required by due diligence.
3. Slapdash: This term implies a careless or superficial approach, which is the opposite of the careful and measured approach involved in due diligence.
7. Careless: Careless means showing a lack of concern or attention, attention, but they generally convey the idea of a lack of care, which is the opposite of the thorough and detailed approach required by due diligence.
Note that these antonyms may not always be exact opposites
Related Words: