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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
In 2020, the company signed a letter of intent with the land trust to conserve acreage southwest of the development.
—Stacy Ryburn, arkansasonline.com, 29 Oct. 2024
Flaherty signed a letter of intent to play college baseball at North Carolina, but instead pursued professional baseball when the St. Louis Cardinals drafted him in the first round of the 2014 MLB draft.
—Jay Ginsbach, Forbes, 22 Oct. 2024
Lasry recently signed a letter of intent, typically a non-binding document outlining the basic deal points, to buy 60% of the Courage at a roughly $108 million valuation.
—Kurt Badenhausen, Sportico.com, 25 Sep. 2024
The organization issued its letter of intent in July 2023 and now plans on filing the suit in August.
—Byrichard Pallardy, science.org, 28 June 2024
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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 22 Nov. 2024.
Legal Definition
letter of intent
see letter sense 1
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