diligence (2024)

Diligence is the use of care or persistence in performing duties; thorough attention to a matter; heedfulness; assiduity. Diligence is the opposite of negligence.

Due diligence is the use of reasonable care ordinarily required by the circ*mstances. In civil law systems, due diligence is a duty analogous to reasonable care in common law systems.

[Last updated in June of 2021 by the Wex Definitions Team]

diligence (2024)

FAQs

What is a good sentence for diligence? ›

After my tour was over, my diligence was truly rewarded in the kitchen of all places! There were many diligence assignments. We need a diligence check of the results. With planning and diligence, his business would be on its feet in a few years and she would be working in the pediatric ward at the hospital.

What do you mean by diligence answer? ›

: steady, earnest, and energetic effort : devoted and painstaking work and application to accomplish an undertaking : assiduity. showed great diligence in tracking down the story. He had earned universal respect for his integrity, fairness, and diligence. John L.

What are good due diligence questions? ›

Due Diligence Checklist
  • Who owns the company?
  • What is the company's organizational structure?
  • Who are the company's shareholders? ...
  • What are the company's articles of incorporation?
  • Where is the company's certificate of good standing from the state in which the business is registered?
  • What are the company bylaws?

How do you explain that you are diligent? ›

Express your commitment to achieving your goals and put in your best efforts to accomplish them. Mention some occasions when you have worked effortlessly, achieve excellence and experience remarkable success. Explain how you deliver high-quality and meticulous work.

What is one example of diligence? ›

the quality of working carefully and with a lot of effort: She hoped that her diligence would be noticed at work. The exhibition has been researched with extraordinary diligence. His diligence motivates others to give a little more.

What are the 3 examples of due diligence? ›

Other examples of hard due diligence activities include: Reviewing and auditing financial statements. Scrutinizing projections for future performance. Analyzing the consumer market.

What is a wise saying about diligence? ›

He who labors diligently need never despair; for all things are accomplished by diligence and labor. Diligence is the mother of good luck. What we hope ever to do with ease, we must learn first to do with diligence.

Is diligence a compliment? ›

Workers who do their job diligently tend to get promoted. Some dogs diligently pursue squirrels in the park. When someone uses this word about something you've done, it's a huge compliment.

Is diligence a positive word? ›

Diligence—carefulness and persistent effort or work—is listed as one of the seven capital virtues. It can be indicative of a work ethic, the belief that work is good in itself.

What is a better way to say due diligence? ›

Due Diligence Synonyms

Analysis, assessment, audit, examination, review, survey, verification, investigation.

How do you respond to due diligence? ›

Generally speaking, any given response to a due diligence request should:
  1. Determine what question the potential buyer is truly trying to answer.
  2. Determine if existing / prior documents can satisfy their request.
  3. If necessary, reframe or refocus the request to align with available information.
Jan 23, 2020

What are the 4 P's of due diligence? ›

The 4 P's of due diligence are People, Performance, Philosophy, and Process. These key elements form the foundation of a thorough due diligence process, covering aspects related to the team involved, performance metrics, investment philosophy, and the overall process followed.

What is the core value of diligence? ›

Also known as perseverance, work ethic, commitment, drive, passion, sense of urgency, effort, or resourcefulness. More importantly, diligence is an understanding of what a priority is and what can be set aside for the time being. This approach includes honoring commitments by whatever means necessary.

How do I show diligence? ›

Diligence: Character Trait
  1. Become an excellent planner. Before starting a large project, plan out the steps (big and small) that need to be completed. ...
  2. Produce excellent work. Does excellent work help you gain people's trust? ...
  3. Do small daily tasks well. ...
  4. Push through obstacles. ...
  5. Become self-motivated.

Is diligence a skill or quality? ›

Steven Scott, in The Richest Man Who Ever Lived says diligence is a skill set that combines: Creative persistence, Smart-working effort. Effort done in a timely, efficient and effective manner.

What are some phrases about diligence? ›

Diligence is the mother of good fortune, and idleness, its opposite, never brought a man to the goal of any of his best wishes.” 25. “He who labors diligently need never despair; for all things are accomplished by diligence and labor.” 26.

What is a sentence examples for diligent? ›

Examples of 'diligent' in a sentence
  • He wants the boss to notice what a diligent worker he is.
  • There are some things that need diligent care and protection.
  • What a diligent grandmother to work both day and night! ...
  • The one whose diligent research gave it a winning portfolio?

How do I use due diligence in a sentence? ›

Examples of 'due diligence' in a sentence
  1. It spent a marathon two years on due diligence.
  2. I have an open mind and our own due diligence has been reasonably satisfactory.
  3. Almacantar is expected to spend two months on due diligence.

What is a few lines about diligence? ›

Diligence—carefulness and persistent effort or work—is listed as one of the seven capital virtues. It can be indicative of a work ethic, the belief that work is good in itself. Diligence. The whip and spurs signify a drive to steadfastly move forward with one's means.

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