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letter of intent

 - 4 dictionary results
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.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Main Entry:  letter of intent
Part of Speech:  n
Definition:  a document declaring the intentions of the writer, esp. to enter into a formal agreement
Dictionary.com's 21st Century Lexicon
Copyright © 2003-2009 Dictionary.com, LLC
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Financial Dictionary

letter of intent

An agreement by a mutual fund shareholder to invest a specific sum over a defined period in order to qualify for reduced sales fees. The reduced fee may apply to an individual fund or to all the funds operated by an investment management group. Compare breakpoint. See also right of accumulation.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: letter of intent
see LETTER 1
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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