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letter of intent
(redirected from LOI)

    Also found in: Financial, Acronyms, Encyclopedia, 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.
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
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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