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letter of intent

British  

noun

  1. 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

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“Planning around this that is done at the time of a binding letter of intent is not going to be successful,” said Daniel J. Studin, a trusts-and-estates lawyer at Morrison Cohen in New York.

From The Wall Street Journal Jun. 29, 2026

Such was the bond that was forged, Boston Mayor Michelle Wu signed a letter of intent to establish Boston and Glasgow as 'sister cities'.

From BBC Jun. 23, 2026

If you have not done that, you can clearly outline your plans in a letter of intent.

From MarketWatch May 29, 2026

The shares will be priced at a 15% discount to market, calculated using the lower closing price between the signing of the letter of intent and the final agreement.

From Barron's May 21, 2026

I recently signed a letter of intent to play baseball at a prestigious college.

From "The Freedom Writers Diary" by The Freedom Writers

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