Cover Letter

AAA

DEFINITION of 'Cover Letter'

A written document submitted with a job application explaining the applicant's credentials and interest in the open position. Since a cover letter is often one of only two documents sent to a potential employer, it is often extremely important in determining whether the applicant will obtain an interview for the position.

INVESTOPEDIA EXPLAINS 'Cover Letter'

A good cover letter complements a resume by expanding on resume items relevant to the job, and in essence, makes a sales pitch for why the applicant is the best person for the job. Career experts advise job seekers to spend time customizing each cover letter for the job being applied for, rather than using a generic letter. Although this requires extra effort, it can be very helpful in allowing an applicant to stand out above the competition.

RELATED TERMS
  1. Resume

    A one to two page formal document that lists a job applicant's ...
  2. Technical Job Skills

    Technical job skills refer to the talent and expertise a person ...
  3. Notice Of Termination

    Generally refers to the notice provided by an employer stating ...
  4. Job Market

    A market in which employers search for employees and employees ...
  5. Elevator Pitch

    A slang term used to describe a brief speech that outlines an ...
  6. Job Hunting Expenses

    Costs that individuals may be allowed to deduct on their federal ...
Related Articles
  1. Get An Academic Finance Career
    Professionals

    Get An Academic Finance Career

  2. How To Write An Effective Investment ...
    Professionals

    How To Write An Effective Investment ...

  3. Business Grads, Land Your Dream Job
    Professionals

    Business Grads, Land Your Dream Job

  4. Sell Your Skills, Not Your Degree
    Professionals

    Sell Your Skills, Not Your Degree

Hot Definitions
  1. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  2. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  4. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  5. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  6. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
Trading Center