Business terms and jargon explained. Your business dictionary

What is Memorandum of Understanding

When a group of individuals is contemplating setting up a business, they will get to the point where they should write down in a memorandum of understanding, the object of the business, and what each person contributes in time, money and resources.
Get a  Memorandum of Understanding.

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Term created / updated 2014-04-01 21:49:00

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