Business Negotiation

Letter of Intent (LOI)
A Letter of Intent (LOI) is a document outlining the preliminary commitment of one party to do business with another. The LOI can be used as a means to formalize discussions that may culminate in a final agreement. It includes terms and conditions of the planned transaction.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.