data room

noun

data room

noun
1

Business, Computing, Engineering, Mathematics, Natural sciences, Physical sciences, Sciences A space used for housing data, usually of a secure or privileged nature in the context of mergers and acquisitions.

  • 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.2022, Maximilian Dreher, Dietmar Ernst, Mergers & Acquisitions […] , Springer Nature, →ISBN, page 62:
Derived terms
virtual data room

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.