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
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Most management assessments are conducted after the letter of intent (LOI) is signed, once the investor has exclusivity and the deal is moving forward. Dan Hawkins, Forbes, 26 Dec. 2024 Louisville Metro Government signed a letter of intent with River City Entertainment Group LLC in December 2022 to explore the possible redevelopment. Matthew Glowicki, The Courier-Journal, 16 Feb. 2025 Charlotte filed a letter of intent to bid, CRVA confirmed. Alexandria Sands, Axios, 12 Feb. 2025 The Broncos signed three incoming freshmen and two college transfers Wednesday, in addition to the 28 athletes who had already signed a national letter of intent, indicating their commitment to play for Boise State. Shaun Goodwin, Idaho Statesman, 7 Feb. 2025 See All Example Sentences for letter of intent

Word History

First Known Use

1941, in the meaning defined above

Time Traveler
The first known use of letter of intent was in 1941

Browse Nearby Words

Cite this Entry

“Letter of intent.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/letter%20of%20intent. Accessed 13 Mar. 2025.

Legal Definition

letter of intent

see letter sense 1

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