Idioms And Collocations Questions
One example of a formal expression or jargon is "due diligence." This term is commonly used in business and legal contexts. It refers to the process of conducting a thorough investigation or research before making a decision or entering into a contract. It involves examining all relevant information, verifying facts, and assessing potential risks and liabilities. For instance, when a company is considering acquiring another company, they would typically perform due diligence to ensure they have a comprehensive understanding of the target company's financial health, legal obligations, and any potential issues that may impact the acquisition.