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Definition of


  • 1. Banking


    arrangement for charging customer's account automatically direct debit: a system by which a customer allows a company to make charges to his or her bank account automatically and where the amount charged can be increased or decreased with the agreement of the customer.

  • 2. Accounting


    detailed check of company's accounts before sale due diligence: the examination of a company's accounts prior to a potential takeover by another organization. This assessment is often undertaken by an independent third party.

Definitions of ’DD’ and meaning of ’DD’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’DD’ and other financial terms with our online QFINANCE Financial Dictionary.

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