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letter of intent

   Also found in: Financial, Acronyms, Wikipedia 0.03 sec.
letter of intent
n. pl. letters of intent
A written statement expressing the intention of the undersigned to enter into a formal agreement, especially a business arrangement or transaction.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.letter of intent - any letter expressing an intention to take (or forgo) some action
letter, 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
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He visited Penn State two weeks ago, the school his father preferred, before finally faxing USC a letter of intent.
USC FOOTBALL UPDATE: HAZELTON FINALLY SIGNS ON by Daily News (Los Angeles, CA)
Rohm and Haas, Philadelphia, PA, and Omnova Solutions, Fairlawn, OH, have signed a letter of intent to form a global joint venture for the purpose of marketing, selling and servicing latex binders, synthetic pigments and specialty additives for coating applications in the paper and paperboard industry.
Rohm and Haas, Omnova form global joint venture by Rubber World
MAI"), its wholly owned subsidiary, was unable to reach a definitive agreement with Caribbean Mining Group Limited ("CMG") and has terminated its non-binding letter of intent with CMG.
Marine Growth Ventures Terminates Letter of Intent with Caribbean ... by Business Wire
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