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letter of intent
(redirected from letters of intent)

    Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Letter of intent
An assurance by a mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges. In mergers, a preliminary merger agreement between companies after significant negotiations.
letter of intent
An agreement by a mutual fund shareholder to invest a specific sum over a defined period in order to qualify for reduced sales fees. The reduced fee may apply to an individual fund or to all the funds operated by an investment management group. Compare breakpoint. See also right of accumulation.
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It includes details on preparing applications and letters of intent, contact information deadline dates, web sites, dollar amounts available, geographic limitations and award cycles.
CD Publications (Silver Spring, MD) has launched "Private Grants ... by Business Publisher
According to Murphy, "Innvest accepted the listing and, as a result of our efforts, within 150 days, secured multiple Letters of Intent and went directly to closing with the best buyer.
Airport hotel sale by Real Estate Weekly
Three in, two remaining: UCLA received binding national letters of intent from three of its commitments, and two should arrive by the end of the week.
UCLA NOTEBOOK: MORRISON GETS THE POINT BRUINS' BEST SHOOTER BECOMES ... by Daily News (Los Angeles, CA)
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