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Glossary · Term 039

Data room

A data room is a controlled collection of documents shared with people reviewing a company, often during a transaction. It can include financial statements, contracts, organizational information, project records, and policies. Access controls, confidentiality terms, and document organization vary, and sensitive information should be handled carefully.

Why it matters for owners

A well-organized data room makes review more efficient and helps track what has been shared.

Richard C. Wilson

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