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letter of intent

British

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He said the termination now calls into question the previously signed letter of intent.

From MarketWatch

The exclusivity period provided in the letter of intent expired on Dec. 9.

From Barron's

Edison football player Devyn Blake signs his letter of intent for Sacramento State.

From Los Angeles Times

On an visit to Sweden last month, Zelensky signed a letter of intent to buy between 100 and 150 Gripen fighter jets.

From BBC

The advance “signals further commitment from its … customer and should provide incremental confidence that the current letter of intent will transition to a firm contract” during the fourth quarter, Amicucci wrote in a research note.

From MarketWatch

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023