Meaning LETTER OF INTENT: An assurance by a mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges. In mergers, a preliminary merger agreement between companies after significant negotiations
More terms such as Letter of intent in Dictionary L.
- Definition Ledger Cash:
- Examples A firm's cash balance as reported in its financial statements. Also called book cash letter of intent definition.
- Definition Lockbox:
- Examples processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. The banks make several collections per letter of intent explain.
- Definition Lots:
- Examples general equities, this blocks or portions of trades. Can express a specific transaction in a stock at a certain time, often implying execution at the same price (e.g., I traded 40m in two lots of 10 letter of intent what is.
- Definition Long Position:
- Examples options (i.e., the number of contracts bought exceeds the number of contracts sold). For equities, a long position occurs when an individual owns securities. An owner of 1,000 shares of stock is said letter of intent meaning.
- Definition Liquidating Dividend:
- Examples Payment by a firm to its owners from capital rather than from earnings letter of intent abbreviation.
