investment memorandum

Definition

A letter that commits an individual to acquire a company's securities and describes the terms of the deal.

Use this term in a sentence

You should try and make sure that you always agree to all terms before you sign off on an investment memorandum.

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The investment memorandum was a really interesting letter and I liked everything that was written in it about the deal.

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The investment memorandum was the official document that outlined the business deal between the two parties agreeing to the transaction.

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