letter of intent

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letter of intent

A letter signifying an intention to enter into a formal agreement, usually setting forth the general terms of such agreement.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Market pessimists can usually find what they're looking for in hedge fund manager Jeremy Grantham's quarterly investment letters, but for the gloom-and-doom junkies who need "more" to get their fix, Grantham delivers in his just-published installment:
While investors often mine Grantham's usually lengthy investment letters for actionable insights, his February letter offers mainly this reaffirmation of his slow-growth macro view, together with a large dose of apocalyptic environmentalism.
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