The phrase "diligence process" refers to the careful and thorough examination or investigation that is done to gather information and assess the risks and potential benefits of a certain action or decision. Full definition
The due diligence process for life settlement funds is time - consuming and expensive. (glenndaily.com)
He is responsible for sourcing new business, analyzing transactions and managing the due diligence process for the firm's clients. (tsbrealty.com)
Client due diligence processes in line with getting «value for money» from their legal services provider are becoming ever more stringent. (legalweek.com)