Meaning of data room | Babel Free
Definitions
A space used for housing data, usually of a secure or privileged nature in the context of mergers and acquisitions.
Examples
“The best way to respond⟳ to a due diligence request⟳ is to prepare⟳ and set⟳ up a data room by the seller and its advisors. […] A data room is a physical or electronic data pool that contains a variety of essential information about the target⟳ company that the seller wants to make⟳ available to potential buyers for analysis.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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