Noun
English Wikipedia has an article on:memorandum of understandingWikipedia
memorandum of understanding (plural memoranda of understanding or memorandums of understanding)
(law) A document that outlines the legal and factual premises believed by the parties to have been agreed to between them.
The people of Israel have lived 3,700 years without a memorandum of understanding with America and will continue to live without it another 3,700 years. Menachem Begin
A resolution was passed authorizing Supervisor Jacobs to sign the Memorandum of Understanding with Office of Real Property Tax Services proceeding with the Reassessment Process for the Town of Walworth. Source: Internet
AS agreed, the financier according to the Memorandum of Understanding, MOTC has failed to live up to its financial commitment/obligation(s). Source: Internet
BCCI has recently signed a Memorandum of Understanding with the ECB for greater cooperation in conducting matches. Source: Internet
Chapel Hill Town Council voted unanimously in favor of allowing town staff to pursue a Memorandum of Understanding with the developers of the proposed East Rosemary Downtown Redevelopment Project. Source: Internet
A Memorandum of Understanding (MoU) may be signed between the state and the private sector that provides details of cost implications and operational support. Source: Internet