Letter of Intent

Definitions

1. A document stating serious intent to pursue a transaction or agreement on broad terms, often before final definitive contracts are signed. Letters of intent are common in acquisitions, partnerships, and major enterprise deals.

   In plain English: A document showing serious intent to move toward a deal.

   Example: "The buyer signed a letter of intent before full diligence began."

Related Terms

• Contract Value
• Corporate Development
• CRM
• Deal Room
• Enterprise Sales
• Exit Event
• Field Sales
• Framework Agreement
• Holdback
• Total Contract Value