heads of agreement

English

Etymology

heads + of + agreement

Noun

heads of agreement pl (plural only)

1. (law, former, British) A document stating the intent of the parties to enter into a binding agreement as outlined in the document.
   • 1995, Wolfgang Peter, Arbitration and Renegotiation of International Investment Agreements, page 116:

     Finally, on July 10, 1984, Heads of Agreement were signed. Three extra drafting rounds were necessary in order to formally sign the Renegotiated Agreement.

Synonyms

• (document of intent to agree): letter of intent (US), memorandum of understanding.