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
Lakeside Circle signed a letter of intent with a potential tenant, which operated a go-kart and mini-bike facility, which also offered axe-throwing, virtual reality games and other activities.
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Justin Gest, Newsweek, 11 Feb. 2025
However, a selling company’s bargaining power is greatest prior to signing a letter of intent or term sheet.
—Allbusiness, Forbes, 11 Jan. 2025
In Louisville, the city signed a letter of intent to enter an agreement.
—Shaila Dewan, New York Times, 24 Dec. 2024
Most management assessments are conducted after the letter of intent (LOI) is signed, once the investor has exclusivity and the deal is moving forward.
—Dan Hawkins, Forbes, 26 Dec. 2024
See All Example Sentences for letter of intent
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Justin Gest, Newsweek, 11 Feb. 2025
However, a selling company’s bargaining power is greatest prior to signing a letter of intent or term sheet.
—Allbusiness, Forbes, 11 Jan. 2025
In Louisville, the city signed a letter of intent to enter an agreement.
—Shaila Dewan, New York Times, 24 Dec. 2024
Most management assessments are conducted after the letter of intent (LOI) is signed, once the investor has exclusivity and the deal is moving forward.
—Dan Hawkins, Forbes, 26 Dec. 2024
See All Example Sentences for 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 5 Apr. 2025.
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