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letter of intent

 

Definitions from WordNet

Noun letter of intent has 1 sense
  1. letter of intent - any letter expressing an intention to take (or forgo) some action
    --1 is a kind of
    letter, missive
    --1 has particulars: investment letter

Definitions from the Web

Letter of Intent

Description:

A Letter of Intent is a document used to express the intention of one party to enter into a formal agreement or transaction with another party. It outlines the key terms and conditions and serves as a preliminary agreement before a final contract is drafted.

Sample Sentences:

  • She wrote a letter of intent to apply for the job, showcasing her qualifications and interest.
  • The university requested a letter of intent from the prospective students, stating their academic goals.
  • The real estate developer and the potential buyer signed a letter of intent, demonstrating their intent to proceed with the property sale.

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