Legal Dictionary

Letter of intent (LoI)

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Definition
ID: 936
A statement of interest to continue a transaction/negotiation under certain conditions.

Category
Business & Corporate Law
Example Sentence
  • Example: In a transaction, the legal team conducts a letter of intent (loi) to map risks.
Synonyms
No synonyms recorded.
Reference Source
  • General reference: corporate law & business contracts
Inter-Term Relations
No relations recorded yet.
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