Virtual Data Room (VDR)

Corporate Finance Mergers and Acquisitions Financial Terms Dictionary

Contents

Virtual Data Rooms, or VDRs, exist as a secure way to store documents that need to be accessed by multiple people at the same time.

VDRs are commonly used by enterprises in a merger, project, or other joint venture that requires access to shared data.
VDRs are considered more secure than physical documents as there is no risk of loss in transit or accidental destruction.
As a rule, actions such as copying, printing and forwarding are disabled in VDR.