Financial Dictionary

This dictionary contains:
24549
financial terms

Letter of Intent




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.

RELATED TERMS
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Fund
To provide money for a specific purpose; an amount of money saved for a specific purpose.

Shareholder
Person or entity that owns shares or equity in a corporation.

Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.

Will
The written expression of a person's wishes as to how his property should be distributed by his executors.

Exchange
A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded.

Lower
To decrease (a price, tax rate, interest rate, etc.).



SIMILAR TERMS
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Letter of Administration
A certificate issued by the Court evidencing the appointment of the Administrator of an Estate.

Letter of Comment
A communication to the firm from the SEC that suggests changes to its registration statement.

Letter of Credit (LOC)
A paper issued by a buyer's bank as proof that the seller will be paid.

Letter of Guarantee
A letter from a bank to a brokerage firm which states that a customer (who has written a call option) does indeed own the underlying stock and the bank will guarantee delivery if the call is assigned.

Letter of Renunciation
In a rights issue of shares, a letter of renunciation is the form attached to an allotment letter which the holder completes should he wish to transfer entitlement to another person or to renounce his rights absolutely.

Letter of Testamentary
A certificate issued by the court evidencing the appointment of an executor of estate.

Letter of Transmittal
A document used by security holder to accompany certificates surrendered in an exchange or other corporate action.

Letter stock
Privately placed common stock, so-called because the SEC requires a letter from the purchase stating that the stock is not intended for resale.



PREVIOUS AND NEXT TERMS
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Lessor
A person who grants a lease, known as a landlord.

Letter of Administration
A certificate issued by the Court evidencing the appointment of the Administrator of an Estate.

Letter of Comment
A communication to the firm from the SEC that suggests changes to its registration statement.

Letter of Credit (LOC)
A paper issued by a buyer's bank as proof that the seller will be paid.

Letter of Guarantee
A letter from a bank to a brokerage firm which states that a customer (who has written a call option) does indeed own the underlying stock and the bank will guarantee delivery if the call is assigned.

Letter of Intent

Letter of Renunciation
In a rights issue of shares, a letter of renunciation is the form attached to an allotment letter which the holder completes should he wish to transfer entitlement to another person or to renounce his rights absolutely.

Letter of Testamentary
A certificate issued by the court evidencing the appointment of an executor of estate.

Letter of Transmittal
A document used by security holder to accompany certificates surrendered in an exchange or other corporate action.

Letter stock
Privately placed common stock, so-called because the SEC requires a letter from the purchase stating that the stock is not intended for resale.

Level
Used in the context of general equities. Price measure of an indication.

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This dictionary contains 24549 terms.







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