MLchartDataset catalogue

Due diligence

Term · Insurance and risk management · MLC-T-INS-001232

The process of conducting a thorough investigation and evaluation of a potential business transaction, investment, or risk exposure before entering into an agreement. In insurance, this involves assessing the financial health, operational risks, and legal compliance of an entity. It aims to identify and mitigate potential liabilities and inform decision-making.

Table 1. Record
IdentifierMLC-T-INS-001232
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001232",
  "term": "Due diligence",
  "field": "Insurance and risk management",
  "definition": "The process of conducting a thorough investigation and evaluation of a potential business transaction, investment, or risk exposure before entering into an agreement. In insurance, this involves assessing the financial health, operational risks, and legal compliance of an entity. It aims to identify and mitigate potential liabilities and inform decision-making.",
  "url": "https://mlchart.com/terminology/insurance/due-diligence/"
}

Record 1,077 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.