A document that serves to protect the carrier/owner financially against possible repercussions in connection with the release of goods without presentation of an original bill of lading. A letter of indemnity is used in cases in which the goods arrive…
Read MoreLetter of Intent (LOI)
A letter of intent is a collection of key points of an agreement between two parties that are negotiating a contract; in this respect a letter of intent is simply the agreement signed prior to the final contract. Without a…
Read MoreLetter of Introduction (LOI)
A statement, often by a third party, in letter form, that briefly profiles a company with an eye toward doing business together. When written by a third party it will take on the form of a recommendation.
Read More