virtual data room

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English

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Noun

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virtual data room (plural virtual data rooms)

  1. A data room that is accessible online by connecting remotely.
    Synonym: VDR
    • 2005, “The M&A Process”, in Model Joint Venture Agreement, American Bar Association, →ISBN, page 180:
      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,  […]

Further reading

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