Mou full form: MoU stands for Memorandum of Understanding

MoU full form MoU stands for Memorandum of Understanding. It is a non-binding contract describing the intention of two people or a business to work in consensus. An MoU is also sometimes referred to as a letter of intent in India. The MoU details the understanding between parties concerning a particular transaction or project that they wish to undertake. A Memorandum of Understanding (abbreviated as MOU ) is actually an agreement that occurs between two or more parties. An MOU outlines the rights and obligations of the parties who are engaged in the agreement. An MOU full form in business is made when the parties enter into initial discussions. The question is what is the agreement? Or who are the parties that will enter into the agreement? An agreement can be any, as the agreement to maintain cordial and friendly relations between two ... A MOU full form is a memorandum of understanding. A formal agreement between two or more parties is a memorandum of understanding MOU . MOU full form is Memorandum of Understanding MOU . It outlines an agreement that is meant to be signed between two or more parties for the purpose of collaboration.