What is the opposite of due diligence? (2024)

What is the opposite of due diligence?

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

What is the opposite of diligence?

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

What is a word for lack of diligence?

carelessness, neglect, negligence, nonperformance.

What is a synonym for due diligence?

Due Diligence Synonyms

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

What is the difference between duty of care and due diligence?

While due care focuses on preventing security incidents through ongoing maintenance and good practices, due diligence is about the investigative actions taken to ensure external parties do not introduce new risks into the organization.

Is diligence positive or negative?

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.

Is careless the opposite of diligent?

Thus, according to the meaning, the word 'careless' is the most opposite in meaning from the word 'diligent'.

Is diligence the opposite of negligence?

Negligence is the opposite of diligence, or being careful. The standard of ordinary negligence is what conduct deviates from that of a "reasonable person".

What are the three 3 types of diligence?

Due diligence falls into three main categories:
  • legal due diligence.
  • financial due diligence.
  • commercial due diligence.

What are the 3 principles of due diligence?

Below, we take a closer look at the three elements that comprise human rights due diligence – identify and assess, prevent and mitigate and account –, quoting from the Guiding Principles.

Why do people say due diligence?

Diligence means "the attention or care required," and due is used in this phrase as an adjective meaning "appropriate, expected, or necessary." So when you perform due diligence, you give some project the kind of care and attention that it needs. Imagine you're buying a used car.

What are the two types of due diligence?

While there are as many as 10 different types of due diligence in M&A, they generally fall into three broad categories: legal due diligence. financial due diligence. commercial due diligence.

What is due diligence in simple terms?

Due diligence is a process or effort to collect and analyze information before making a decision or conducting a transaction so a party is not held legally liable for any loss or damage. The term applies to many situations but most notably to business transactions.

Is due diligence an obligation?

There is an obligation on officers of corporations and other entities to exercises due diligence to ensure that the business or undertaking for which they are responsible complies with its work health and safety obligations. Due diligence involves taking reasonable steps to secure compliance.

What does the Bible say about due diligence?

“He who has a slack hand becomes poor, but the hand of the diligent makes rich” (Proverbs 10:4). “The hand of the diligent will rule, but the lazy man will be put to forced labor” (Proverbs 12:24). “The soul of a lazy man desires, and has nothing; but the soul of the diligent shall be made rich” (Proverbs 13:4).

Is due diligence a strength?

In short: Due diligence is an essential activity for both buyer and seller success in M&A. The investigative process reveals upsides — and red flags — in areas including finance, operations, strategy, risk, culture and more.

What is a wise saying about diligence?

Diligence is the mother of good luck. What we hope ever to do with ease, we must learn first to do with diligence. I never could have done what I have done without the habits of punctuality, order, and diligence, without the determination to concentrate myself on one subject at a time.

What is a stronger word for assist?

assist (verb as in help) Strongest matches. aid back benefit boost cooperate expedite facilitate reinforce support sustain take care of.

Which is the opposite of diligent behavior?

Carelessness is the opposite of diligence. Carelessness is the lack of attention or thoughtfulness, which can lead to mistakes or accidents. A careless person may not take the time to do something properly, resulting in poor quality work.

Why does your employer want you to demonstrate diligence?

Diligence is a virtue of the desirable employee. Demonstrating diligence shows that you can efficiently do your job in a timely and cost-effective manner using relevant knowledge, skills, determination, and care.

What is the opposite of diligence virtue?

We could define diligence as the virtue of lovingly carrying out our responsibilities with attention, care and a desire to please God. One opposing vice would be sloth (one of the seven capital sins). Sloth is a slowness or neglect to carry out one's spiritual and material responsibilities.

What is the omission of diligence?

The fault or negligence of the obligor consists in the omission of that diligence which is required by the nature of the obligation and corresponds with the circ*mstances of the persons, of the time and of the place. When negligence shows bad faith, the provisions of Articles 1171 and 2201, paragraph 2, shall apply.

Is diligence a skill?

Diligence is a skill that can be learned. Below are five traits of a diligent person that you can learn and adopt. Become an excellent planner. Before starting a large project, plan out the steps (big and small) that need to be completed.

What are the 4 P's of due diligence?

A few tangible principles can help guide the way, including people, performance, philosophy, and process. Four less tangible principles can also play a role in manager selection: passion, perspective, purpose, and progress.

What are the 5 P's of due diligence?

Due diligence offers a comprehensive framework designed on the principle of 5Ps which are prevention, protection, prosecution, punishment and provision of redress.

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