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memorandum of understanding

British  

noun

  1. Abbreviations: MOU.   MoU.  law a document that describes the general principles of an agreement between parties, but does not amount to a substantive 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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ACC said it would add to its facilities in France and in Germany a third production site in Termoli, in southern Italy, as agreed in a March 21 Memorandum of understanding with Italian authorities.

From Reuters • Mar. 23, 2022

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