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  1. Dictionary
    letter of intent

    noun

    • 1. a document containing a declaration of the intentions of the writer.

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  2. www.investopedia.com › terms › lHow to Use a Letter of Intent (LOI) to Make a Deal - Investopedia

    Feb 19, 2024 · A letter of intent (LOI) is a document declaring the preliminary commitment of one party to do business with another. The letter outlines the chief terms of a prospective deal. Commonly used...

  3. en.wikipedia.org › wiki › Letter_of_intentLetter of intent - Wikipedia

    A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement, term sheet or memorandum of understanding.

  4. dictionary.cambridge.org › dictionary › englishLETTER OF INTENT | English meaning - Cambridge Dictionary

    LETTER OF INTENT definition: a letter that formally states what someone plans to do although this is not a legal promise or…. Learn more.

  5. www.masterclass.com › articles › letter-of-intent-explainedHow to Write a Letter of Intent: 6 Types of Letters of Intent

    Jun 7, 2021 · Letters of intent can serve as a first draft for businesses to begin negotiations for a deal or indicate your interest in working for a company.

  6. www.businesswritingblog.com › business_writing › 2023What Is a Letter of Intent & How to Write One (with Examples)

    Jan 31, 2024 · Letters of intent are useful when submitting resumes at a job fair, researching suitable employers for your skillset, or applying for a job when no job posts are listed. The goal is to outline your skills, express your interest in working for the company, and submit a call to action.

  7. www.wallstreetmojo.com › letter-of-intentLetter of Intent (LOI) - Meaning, Business Examples, Format

    May 24, 2024 · A letter of intent, also known as LOI, is a preliminary contract containing key terms of a prospective business deal between two or more parties. It is common in business transactions, for example, the sale, purchase, merger, or formation of a joint venture.

  8. www.techtarget.com › whatis › definitionWhat is a letter of intent? (LOI) | Definition from TechTarget

    A letter of intent (LOI) is a written, nonbinding document that outlines an agreement in principle between two or more parties before a legal agreement is finalized. It is often used in business transactions, such as mergers and acquisitions, joint ventures and real estate leases.

  9. www.grammarly.com › blog › how-to-write-a-letter-of-intentHow to Write a Letter of Intent: Essential Techniques

    Mar 27, 2024 · A letter of intent (LOI) is a preliminary document outlining the mutual intentions of two or more parties before entering into a detailed agreement. While they are common across various industries, LOIs are pivotal in business transactions like mergers, acquisitions, and real estate deals.

  10. www.merriam-webster.com › dictionary › letter of intentLetter of intent Definition & Meaning - Merriam-Webster

    May 25, 2024 · The meaning of LETTER OF INTENT is a written statement of the intention to enter into a formal agreement.

  11. sg.indeed.com › career-advice › finding-a-jobHow To Write a Letter of Intent (With Example and Tips)

    Oct 2, 2023 · A letter of intent is a document you can send to an employer to express your desire to work for their company. It typically serves as an introductory letter that you can send to recruiting managers to give them a short explanation of who you are and why you want to work for a particular organisation.