Comprehensive due diligence investigation
Comprehensive due diligence investigation
The investigation of a firm's business in conjunction with a securities offering to determine whether the firm's business and financial situation and its prospects are adequately disclosed in the prospectus for the offering.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Comprehensive Due Diligence Investigation
During a company's a security offering, an investigation to determine whether the company has adequately disclosed its financial status in the offering's prospectus. An investor interested in buying the security may conduct a comprehensive due diligence investigation. Alternatively, investment advisers may do so in order to truthfully advise their clients on whether to invest in it. See also: Due diligence meeting.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved