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
The company has secured a binding letter of intent to acquire SKNY Pharmaceuticals Inc., which will bring SKNY-1, a drug candidate for weight loss and smoking cessation, into MIRA's pipeline.
—
Quartz Intelligence Newsroom, Quartz, 28 Mar. 2025
Portillo’s submitted a letter of intent to Thornton’s planning department in August, city records show, with the goal of opening a restaurant at 251 E. 136th Ave, near In-N-Out Burger, Raising Cane’s and the Denver Premium Outlets shopping center.
—Katie Langford, The Denver Post, 20 Mar. 2025
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.
—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
See All Example Sentences for letter of intent
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Quartz Intelligence Newsroom, Quartz, 28 Mar. 2025
Portillo’s submitted a letter of intent to Thornton’s planning department in August, city records show, with the goal of opening a restaurant at 251 E. 136th Ave, near In-N-Out Burger, Raising Cane’s and the Denver Premium Outlets shopping center.
—Katie Langford, The Denver Post, 20 Mar. 2025
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.
—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
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 26 Apr. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share