LETTER OF INTENT Definition

Bookmark and Share

LETTER OF INTENT (LOI) is a document that describes the preliminary understanding between parties who intend to make a contract or join together in another action.

Learn new Accounting Terms

MORTGAGE BOND is a bond in which the issuer has granted the bondholders a lien against the pledged assets.

BOOKBUILD is a particular way of conducting a float where the price at which shares are sold is not fixed, but rather is determined following a process in which interested investors bid for shares. This is quite a common way of determining the price paid for shares by institutional investors (Funds Managers).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.