Difference between revisions of "Memorandum Of Understanding"

Jump to navigation Jump to search
no edit summary
Line 1: Line 1:
__NOTOC__
__NOTOC__
{{Infobox Midpage Need Sponsor}}
{{Infobox Midpage Need Sponsor}}
A memorandum of understanding (MOU) is a legal agreement between two parties that carries less weight than a formal contract but more than an informal agreement, outlining the parties rights and responsibilities under the agreement. It is commonly used in international agreements and is also sometimes used as a synonym for letter of intent.
A memorandum of understanding (MOU) is a legal agreement between two parties that carries less weight than a formal contract but more than an informal agreement, and outlines the parties rights and responsibilities under the memorandum. MOUs are commonly used in international agreements and are also sometimes used as a synonym for letter of intent.


== First step ==
== First step ==
4,171

edits

Navigation menu