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name of the term: Data Room
descriptions of the term:

Data Room

During the purchase of a company, the vendor provides documents and information in a data room where the potential buyer can evaluate the object of purchase. These documents are confidential and reveal economic, legal and tax situations of the company that can be used during a Due Diligence assessment. Often it is a digital (also virtual) data room.

Type of term: definition
Language of the term (2 char ISO code): en