heads of agreement en · NOUN
Meanings
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(UK, plural, plural-only) A document stating the intent of the parties to enter into a binding agreement as outlined in the document.
Finally, on July 10, 1984, Heads of Agreement were signed. Three extra drafting rounds were necessary in order to formally sign the Renegotiated Agreement.
1995, Wolfgang Peter, Arbitration and Renegotiation of International Investment Agreements, page 116:
Synonyms
letter of intent (document of intent to agree) · memorandum of understanding (document of intent to agree)