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letter of intent

Line breaks: let¦ter of in¦tent

Definition of letter of intent in English:

noun

A document containing a declaration of the intentions of the writer.
Example sentences
  • There can be no hard and fast answer to the question whether a letter of intent will give rise to a binding agreement: everything must depend on the circumstances of the particular case.
  • Gallaher's agreement rested on a letter of intent, a document that in China can take years to translate into an actual contract.
  • The letter of intent is a preliminary document to power projects to enable them to achieve financial closure.

Definition of letter of intent in:

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