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What Is A Letter Of Intent?

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A letter of intent is a letter that expresses someone's intention to do something. For example, a student offered four scholarships from four different colleges may complete and send a letter of intent to the college that they decide to attend. A letter of intent can also be used by businesses involved in a contract negotiation if they need to outline or clarify certain points related to the potential relationship. 

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© 2015 King Street Labs LLC.

© 2015 King Street Labs LLC.