Define: Diligence

Diligence
Diligence
Quick Summary of Diligence

Diligence, in legal terms, refers to the careful and persistent effort made by a party to fulfil their legal obligations or to exercise their rights. It involves attentiveness, thoroughness, and promptness in carrying out tasks or responsibilities, such as conducting legal research, preparing documents, or meeting court deadlines. Diligence is essential in various legal contexts, including contract performance, litigation, due diligence in business transactions, and compliance with regulatory requirements. Failure to exercise diligence can result in legal consequences such as breach of contract, negligence, or adverse rulings in court proceedings.

What is the dictionary definition of Diligence?
Dictionary Definition of Diligence
n. reasonable care or attention to a matter, which is good enough to avoid a claim of negligence, or is a fair attempt (as in due diligence in a process server's attempt to locate someone).
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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March, 2024.

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