Letter of Intent - LOI

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Dictionary Says

Definition of 'Letter of Intent - LOI'

1. An agreement that describes in detail a corporation's intention to execute a corporate action. The letter of intent is created by the corporation with its management and legal council, among others, and outlines the details of the action.

2. A document that can be used by parents to outline the thoughts and hopes that they have regarding their children in the event that the parents die. The courts use the information contained in the letter of intent to determine what happens to the children.
Investopedia Says

Investopedia explains 'Letter of Intent - LOI'

1. Letters of intent are used during the merger and acquisitions process to outlines a firm's plan to buy/take over another company. For example, the letter of intent will disclose the specific terms of the transaction (whether it is a cash or stock deal).

2. Unlike wills, letters of intent are often not legal documents. However, because a letter of intent represents the wishes and desires of the parents, the courts will still often use it as a benchmark in conjunction with other documents to determine what happens to the children.
Search results for

'Letter of Intent (LOI)'

  • Series 6 Study Guide - Investment Companies - Reduced Sales ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-companies/sales-charges.asp
    ... Letters of Intent (LOI): You will often come across clients who may not have enough
    money ... to reach the breakpoint within 13 months by signing a letter of intent ...

  • Series 26 Study Guide - Investment Companies - Breakpoints ...

    http://www.investopedia.com/exam-guide/series-26/investment-companies/breakpoints.asp
    ... Letters of Intent (LOI): You will often come across clients who may not have enough
    money ... to reach the breakpoint within 13 months by signing a letter of intent ...

  • Lower Your Fees With Mutual Fund Breakpoints

    http://www.investopedia.com/articles/mutualfund/08/breakpoints.asp
    ... A letter of intent (LOI), which you sign to express your intent to invest, allows
    you to realize the next breakpoint within a period of time that the fund ...

  • Series 7 Study Guide - Customer Accounts - Costs And Fees ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/costs-and-fees.asp
    ... Intent (LOI): the investor in the mutual fund signs a letter of intent to purchase
    a predetermined quantity of mutual funds over typically a one year period. ...

  • Series 7 Study Guide - Portfolio Management - Mutual Fund Analysis ...

    http://www.investopedia.com/exam-guide/series-7/portfolio-management/mutual-fund-analysis.asp
    ... Letter of intent (LOI): This is a statement expressing a client's intent to invest
    an amount over the breakpoint within a specified period of time. ...

  • Letter Of Instruction - Don't Leave Life Without It

    http://www.investopedia.com/articles/retirement/08/letter-of-instruction.asp
    ... and Six Estate Planning Must-Haves.) A Simple Remedy One of the most important features
    of a letter of instruction, sometimes called a letter of intent, is it ...

  • The Buy-Side Of The M&A Process

    http://www.investopedia.com/articles/stocks/07/buyside_m_and_a.asp
    ... the client company wishes to proceed in the process, its attorneys, accountants,
    management and intermediary will create a letter of intent (LOI) and furnish a ...

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