Vdr Meaning:
“VDR” stands for “Virtual Data Room,” a secure online platform where companies store and share confidential documents, typically used during mergers and acquisitions, legal proceedings, or financial audits. VDRs ensure data privacy and provide controlled access, allowing multiple parties to review sensitive information without compromising security. It streamlines due diligence processes by centralizing document management and access.
Synonyms:
Data repository
Digital document room
Secure file sharing platform
Virtual repository
Online data room
Document management system
Secure sharing portal
Confidential storage
Cloud storage
Online repository
Antonyms:
Physical document storage
Unsecured file sharing
Public access server
Insecure repository
Unrestricted access
Paper records
Physical file room
Unprotected database
Open access storage
General access portal
Sentences Example:
The company used a VDR to manage confidential files during the acquisition process.
A VDR ensures that only authorized users can access sensitive data.
Legal teams rely on VDRs to securely exchange case-related documents.
Investors accessed the financial reports through a VDR.
A VDR allows multiple parties to review files without risking data security.
