“Due Dilly”: Financial Expression of the Day

under a rock

A banker doing due dilly will leave no stone unturned.

“Due dilly,” noun phrase, a diminutive form of “due diligence”:  research and analysis of a company or organization done in preparation for a business transaction; a financial reconnaissance of sorts.  Usage note:  According to Hilarius Fuchs, Professor of Psychiatry at Colorado School of Professional Parapsychology, people who enjoy both working late and playing with spreadsheets and PowerPoint, e.g., investment bankers, are weird and have weird senses of humor, facts which explain why i-bankers use this phrase so often that it’s almost ceased to have meaning. Continue reading