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letter of intent
(redirected from investment letter)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
letter of intent
A letter signifying an intention to enter into a formal agreement, usually setting forth the general terms of such agreement.


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There are reasons for this, of course, including the fact that many investment letters can "go anywhere" to ideas, where many mutual funds are constrained by investment critieria, such as all large cap stocks.
Gross writes in his most recent investment letter, things have changed and it is apparent that there is massive over capacity in the U.
Just who makes this good/bad determination anyway, the Wall Street institutions, the media, investment letter writers?
 
 
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