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
The two sides signed a letter of intent with a price of roughly $1.7 billion, Sportico reported this week.
—
Ryan Gillespie, The Orlando Sentinel, 20 June 2025
Two days later, Lone Star submitted its own letter of intent at the $145 million price.
—Thomas Gounley, Denver Post, 16 Apr. 2025
Tips to Get a Business Deal Done Quicker To help close a deal quickly and efficiently, consider these actionable tips:
Consider having a letter of intent or term sheet: This is typically non-binding but is a way to ensure that the parties are in agreement in principle on the big-picture issues.
—Allbusiness, Forbes.com, 16 May 2025
So far, the developer has secured a letter of intent for a daycare to operate in one of the stand-alone commercial buildings.
—Frederick Melo, Twin Cities, 15 May 2025
See All Example Sentences for letter of intent
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Ryan Gillespie, The Orlando Sentinel, 20 June 2025
Two days later, Lone Star submitted its own letter of intent at the $145 million price.
—Thomas Gounley, Denver Post, 16 Apr. 2025
Tips to Get a Business Deal Done Quicker To help close a deal quickly and efficiently, consider these actionable tips:
Consider having a letter of intent or term sheet: This is typically non-binding but is a way to ensure that the parties are in agreement in principle on the big-picture issues.
—Allbusiness, Forbes.com, 16 May 2025
So far, the developer has secured a letter of intent for a daycare to operate in one of the stand-alone commercial buildings.
—Frederick Melo, Twin Cities, 15 May 2025
See All Example Sentences for letter of intent
Cite this Entry
“Letter of intent.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/letter%20of%20intent. Accessed 30 Jun. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share