Rank | Abbreviation | Meaning |
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***** | LETTER OF INTENT. | Typically, a letter from a potential buyer to a seller indicating the seriousness of the potential buyer's interest and agreeing to hold in strict confidence any data provided by the seller to assist
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**** | LETTER OF AGREEMENT. | A contract in the form of a letter from one person or company to another; both parties must sign for the agreement to become binding.
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**** | LETTER OF CREDIT. | A document issued by a bank or other financial institution attesting to an individual's or company's ability to borrow money within specific limits.
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