| 释义 |
letter of intent
letter of intentn. pl. letters of intent A written statement expressing the intention of the undersigned to engage in a certain action or business transaction.letter of intent n (Law) a letter indicating that the writer has the serious intention of doing something, such as signing a contract in the circumstances specified. It does not constitute either a promise or a contract Thesaurus| Noun | 1. | letter of intent - any letter expressing an intention to take (or forgo) some actionletter, missive - a written message addressed to a person or organization; "mailed an indignant letter to the editor"investment letter - a letter of intent saying that a letter security is being bought for investment and not for resale; avoids need for SEC registration |
letter of intent
letter of intentA letter signifying an intention to enter into a formal agreement, usually setting forth the general terms of such agreement.letter of intent
letter of intentFormal written notice given by one party to another of a commitment to pursue an action, e.g., of a plan to bring suit against another party or to take on an assignment on behalf of that party.letter of intent
Related to letter of intent: cover letterletter of intent a letter indicating that the writer has the serious intention of doing something, such as signing a contract in the circumstances specified. It does not constitute either a promise or a contract.letter of intent
Letter of intentAn assurance by a mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges. In mergers, a preliminary merger agreement between companies after significant negotiations.Letter of Intent1. A document detailing a parent's wishes with regard to his/her minor children in the event of his/her death. For example, a letter of intent may state with whom the parent wants the children to live. While it is not a legal document, judges often use letters of intent along with other documents when determining the best interests of the children with regard to their future.
2. A document indicating a corporation's intent to undertake a merger or acquisition. A letter of intent outlines the details of the merger or acquisition, including the purchase price and whether it will be paid in cash, stock, and/or debt. It is important to note that a letter of intent it not legally binding and may not be enforced. However, an LOI shows that the company is serious in its intention and there may be reputational risk in not following it.letter of intent An agreement by a mutual fund shareholder to invest a specific sum over a defined period in order to qualify for reduced sales fees. The reduced fee may apply to an individual fund or to all the funds operated by an investment management group. Compare breakpoint. See also right of accumulation.letter of intent (LOI)A signed document between parties setting out the deal points on which they agree and leaving for later negotiation the minutia over which the lawyers will argue. In the absence of any limiting language in the LOI,it can be construed as a binding contract between the parties.Usually,however,the LOI will recite that it is only an expression of interest regarding the parties' mutual intent, that the parties have not reached an agreement regarding any terms or provisions of a contract,and the LOI is neither a contract,nor an offer capable of acceptance,nor evidence of a contract,but merely the current status of negotiations that might possibly lead to a contract. See LIFE Outreach International
See LI
See LOIletter of intent
Related to letter of intent: cover letterWords related to letter of intentnoun any letter expressing an intention to take (or forgo) some actionRelated Words- letter
- missive
- investment letter
|