letters of intent
Pre-contract commitment documents
Letters of intent are formal documents expressing a party's serious intention to enter into an agreement, transaction, or relationship.
They outline preliminary terms before a binding contract is finalized—common in business acquisitions, real estate deals, and college athletic recruiting.
A letter of intent signals commitment without creating full legal obligation, though some provisions may be enforceable: The company signed a letter of intent to acquire the startup for $50 million.
- preliminaryBefore the main part
- proposalFormal plan for consideration
- memorandumFormal internal correspondence
- contractEnforceable written agreement
- negotiationDiscussion seeking mutual accord
document · expression · term sheet · confidentiality clause · commitment · agreement · planning · promise · arrangement · acquisition · purposes · assurance · joint venture · exclusivity · merger · due diligence · memorandum of understanding · legal document
- declarationsdeclaration, declarations, proclamation, proclamations, announcement
- Business Contractspurchase agreements, loan agreements, partnership agreements, confidentiality agreements, licensing deals
- admissionsapplication, admissions, application deadline, admissions committee, admission essay
- correspondencemissives, emails, memoranda, mail, postcards
letters of intentbinding agreements
Enforceable promises between parties
formal contracts · purchase agreements · deed of sale · settlement agreements
letter, letters, lettered, lettering, literal, literally, literate, literacy, illiterate