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letter of intent
(redirected from letters of intent)

   Also found in: Financial, Wikipedia 0.01 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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It includes details on preparing applications and letters of intent, contact information deadline dates, web sites, dollar amounts available, geographic limitations and award cycles.
According to Murphy, "Innvest accepted the listing and, as a result of our efforts, within 150 days, secured multiple Letters of Intent and went directly to closing with the best buyer.
Three in, two remaining: UCLA received binding national letters of intent from three of its commitments, and two should arrive by the end of the week.
 
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