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

comments powered by Disqus
Hot Definitions
  1. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  2. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  3. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  4. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  5. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  6. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
Trading Center