Memorandum of Agreement (MOA)

What is Memorandum of Agreement (MOA)?

A written document outlining the agreed terms between parties before signing a detailed contract.

Think of it like this…

A clear, simple record of the deal’s main points.

Why does it matter?

  • Prevents misunderstandings before the full contract
  • Can be binding if signed
  • Useful for partnerships and joint ventures

Best practice

Include key dates, responsibilities, and signatures.

Back to Terms