Related Words

Diligence Stopper: A court order which stops the operation of existing diligence and prevents future diligence.

Show Stopper: Used in the context of general equities. Customer who has not placed a firm order to buy stock but has requested that the salesperson propose available stock for sale or purchase, along with . . . View Full Definition

Due Diligence Meeting: An internal audit of a target frim by an acquiring firm. Offers are often made contingent upon resolution of the due diligence process.

Due Diligence: Refers to the task of carefully confirming all critical assumptions and facts presented by a borrower. This includes verifying sources of income, accuracy of financial statements, value of a . . . View Full Definition

Comprehensive Due Diligence Investigation: The length of the time period that elapses before interest compounds (a quarter in the case of quarterly compounding).

Trust Deed: A form of debt relief where you're unable to pay your debts but have money tied up in assets, such as a house. Creditors can agree that you give everything you own to a trustee (usually an a . . . View Full Definition