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

PsiQuantum also signed a $100 million letter of intent with the Department of Commerce and another $125 million with the Defense Advanced Research Projects Agency in May and July of 2026. — ABC News, 7 Oct. 2026

Nexalin Technology — Shares plunged 26% after the medical device company agreed to a 10-year distribution and manufacturing deal with Inovanexa Medical Technologies that supersedes a prior letter of intent from February. — Scott Schnipper, CNBC, 2 Oct. 2026

In January 2026, the partners signed another nonbinding letter of intent, this time to secure fiber volumes from Spinnova. — Alexandra Harrell, Footwear News, 30 Sep. 2026

Lutnick helped draft Khashoggi’s letter of intent for the hotel. — Noah Shachtman, Vanity Fair, 29 Sep. 2026

Word History

First Known Use

1941, in the meaning defined above

Rhymes for letter of intent

• accent
• advent
• ascent
• assent
• augment
• cement
• consent
• dement
• descent
• detent
• dissent
• event

Legal Definition

letter of intent

see also:

letter sense 1