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letter of intent
noun phrase
: a written statement of the intention to enter into a formal agreement
Examples of letter of intent in a Sentence
Recent Examples on the Web
Incheon mayor Yoo Jeong-bok met with Domenicali during the 2024 Japanese Grand Prix weekend in Suzuka to deliver a letter of intent to host a new street race.
—Yara Elshebiny, Forbes, 4 Dec. 2024
The school submitted a letter of intent to Catholic Charities in April with the hopes of acquiring St. Christopher’s Place, a 70-unit rooming house on Marshall Avenue, and converting into student residences, but the nonprofit did not agree to a sale.
—Imani Cruzen, Twin Cities, 1 Dec. 2024
On August 6, 2024, the company announced a non-binding letter of intent to merge with Sivers Photonics Ltd, a subsidiary of Sivers Semiconductors AB.
—Quartz Bot, Quartz, 14 Nov. 2024
The billionaire recently signed a letter of intent, typically a non-binding document outlining the basic deal points, one of the people added.
—Scott Soshnick, Sportico.com, 3 Sep. 2019
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Word History
First Known Use
1941, in the meaning defined above
Dictionary Entries Near letter of intent
Cite this Entry
“Letter of intent.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/letter%20of%20intent. Accessed 21 Dec. 2024.
Legal Definition
letter of intent
see letter sense 1
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