Exchange Currency

letter of intent

A letter from one company to another acknowledging a willingness and ability to do business. A letter of intent is most often issued as acknowledgment of the fact that a merger between companies or an acquisition is being considered seriously. Sometimes, a letter of intent may also be issued by a mutual fund shareholder to indicate that he/she would like to invest certain amounts of money at certain specified times. In exchange for signing a letter of intent, the shareholder would often qualify for reduced sales charges. A letter of intent is not a contract and cannot be enforced, it is just a document stating serious intent to carry out certain business activities.

Related information about letter of intent:
  1. Letter of intent - Wikipedia, the free encyclopedia
    A letter of intent (LOI or LoI, and sometimes capitalized as Letter of Intent in legal writing, but only when referring to a specific document under discussion) is a ...
     
  2. Letter of Intent - Employment Letter of Intent
    A letter of intent, when referenced in a job posting, is the equivalent of a cover letter. Your letter of intent explains the reasons for your interest in the organization ...
     
  3. Sample Letter of Intent | Free Sample Letter of ... - Entrepreneur.com
    Sample Letter of Intent. This sample letter of intent allows the a prospective purchaser and seller to establish mutually agreed upon terms including...
     
  4. National Letter of Intent Home Page
    National Letter of Intent (NLI) Home Page. ... National Letter of Intent * P.O. Box 7132, Indianapolis, IN 46207 * Phone: (317) 223-0706 * Contact Us ...
     
  5. Letter of Intent (LOI) Definition | Investopedia
    1. An agreement that describes in detail a corporation's intention to execute a corporate action. The letter of intent is created by the corporation with its ...
     
  6. How To Write a Letter of Intent: Template, Example
    A letter of intent is typically written by a student who is trying to sell himself to an undergraduate college/university, a graduate school, an athletic department at a ...
     
  7. Letter of Intent Sample | Inc.com
    The Letter of Intent Sample is used by a prospective purchaser and seller to establish terms and conditions of the sale. The Letter of Intent Sample is an effective ...
     
  8. SAMPLE LETTER OF INTENT to the school(s - NYC.gov
    SAMPLE LETTER OF INTENT to the school(s) of your choice. (Please do not use your Agency's letterhead). Return Address. City, State and Zip Code. Date of ...