Definitions

A written statement detailing the preliminary understanding of parties who plan to enter into a contract or some other agreement. Such an MOU or letter of intent is not meant to be legally binding. (Source: Black' Law Dictionary, 2007)

Hierarchy
Broader: international agreementEnvironmental Rule of LawConcepts
Alternative labels:
MOU
Concept URI: http://www.informea.org/terms/memorandum-of-understanding
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