virtual data room

English

Noun

virtual data room (plural virtual data rooms)

1. (computing, business) 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

• virtual data room on Wikipedia.Wikipedia