data room
Word Rarity
Common
Frequency: Zipf frequency 5.06 in modern English
11
Scrabble Score
8
Letters
2
Syllables
6
Unique Chars
Meaning
noun
A space used for housing data, usually of a secure or privileged nature in the context of mergers and acquisitions.
Example Sentences
- "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."