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
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.
In Louisville, the city signed a letter of intent to enter an agreement. — Shaila Dewan, New York Times, 24 Dec. 2024 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 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

Rhymes for letter of intent

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Browse Nearby Words

letter of instruction
letter of intent
Letter of Jeremiah
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Cite this Entry

“Letter of intent.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/letter%20of%20intent. Accessed 30 Mar. 2025.

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Legal Definition

letter of intent

see letter sense 1

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