Words / L / Law

letter of intent

/ˈlɛtər əv ɪnˈtɛnt/

B2CEFR level
70/100Rarity: rare
TechnicalRegister

Law noun

A document recording the parties' intention to contract, usually not itself binding.

Work began under a letter of intent while the formal construction contract was still being drafted.

Similar: heads of terms

Topic: Contracts in Legal English

Business noun

A written statement of a party's serious intention to proceed with a deal.

Once both sides signed the letter of intent, we moved straight into diligence.

Similar: memorandum of understanding

Topic: Negotiation in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

Get words like letter of intent on your lock screen, a few a day, with review that makes them stick.

Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
QR code that opens Lexfall on the App Store
On a computer?Scan with your iPhone camera.

More law words: Contracts