virtual data room
noun1
Business, Computing, Engineering, Mathematics, Natural sciences, Physical sciences, Sciences A data room that is accessible online by connecting remotely.
- The use of a virtual data room has many potential benefits for a seller. The seller saves the costs of setting up and staffing physical data rooms (some times^([sic]) in multiple locations), which are typically off-site, […]2005, “The M&A Process”, in Model Joint Venture Agreement, American Bar Association, →ISBN, page 180: