A single granular file — one row per loan, account, or customer — listing every position in a portfolio so a buyer can model it <em>line by line</em>.
A diligence study that strips reported earnings down to their sustainable, recurring core — the analysis a buyer trusts more than the audited <em>numbers</em>.
An on-the-ground inspection of a target's physical operations — plants, warehouses, stores — to verify in person what the data room describes on <em>paper</em>.
Financial statements constructed for a business unit being sold out of a larger parent — an estimate of how the unit would perform <em>standalone</em>.
Diligence a seller runs on its own business before a sale — finding and fixing problems early so buyers can't use them to <em>re-trade</em> the price.
A diligence conversation with a target's actual customers to test whether the revenue story holds up — the closest a buyer gets to ground <em>truth</em> on demand.