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Letter of intent |
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Letter of intentAn assurance by a mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges. In mergers, a preliminary merger agreement between companies after significant negotiations.Letter of intent Similar MatchesDeficiency letterDeficiency letterNotification from the SEC to a prospective SEC of SEC that revisions or additions need to be made to the preliminary prospectus. Letter of credit (LOC)Letter of credit (LOC)A form of guarantee of payment issued by a bank on behalf of a borrower that assures the payment of interest and repayment of principal on bond issues. No action letterNo action letterA letter from the Securities and Exchange Commission agreeing that the Securities and Exchange Commission will take no civil or criminal action against a party, regarding a specific activity. Private letter rulingPrivate letter rulingA ruling by the IRS in response to a request for interpretation of a tax law. Letter of GuaranteeLetter of GuaranteeA 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. Thus the call can be considered covered. Not all brokerage firms accept letters of guarantee. Also: letter issued to Option Clearing Corporation by member firms covering a guarantee of any trades made by one of its customers, (a trader or broker on the exchange floor). Further SuggestionsLetter of AdministrationPre approval letter Letter of Testamentary allotment notice/letter letter of renunciation Unconfirmed Letter of Credit Commercial letters of credit Investment letter Revocable letter of credit Confirmed Letter of Credit Letter of Transmittal Advisory letter Bank Letter of Credit Policy memorandum of wishes (letter of wishes) Transmittal letter letters of administration Time Letter of Credit Market letter letter of wishes Shareholders letter Usance Letter of Credit Standby letter of credit Sight Letter of Credit Bank Letter of Credit Policy Letter of comment |
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