# Effort, greatest (best efforts)

- Canonical URL: https://www.gerhardmerk.de/effort-greatest-best-efforts
- Post ID: 588463
- Modified: 2023-07-25T20:59:39+00:00
- Language: en

## Definition

A caveat often included in contracts on the financial market. It states that the business partner will make every effort to achieve a good result. However, he cannot guarantee the success of a transaction (designation that a certain financial result is not guaranteed, but that a good faith effort will be made to provide the result that is represented). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1