# Due Diligence

*Professional & Ethics — Finicade finance glossary*

The homework an investor or adviser must do before acting — checking facts, risks and suitability rather than taking claims on trust. Skipping it is both a bad idea and, often, a breach of duty.

**Also known as:** diligence

**Related terms:** [Fiduciary Duty](https://finicade.com/glossary/fiduciary-duty), [Code of Ethics](https://finicade.com/glossary/code-of-ethics), [Disclosure](https://finicade.com/glossary/disclosure)

**Taught in:** Charter Climb — The Seven Standards

Source: https://finicade.com/glossary/due-diligence