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| Definition | : | Memorandum Of Understanding |
| Category | : | Business » Business Terms |
| Country/ Region |
: | Worldwide
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Initialism
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Memorandum Of Understanding (MOU or MoU) is a type of non-binding agreement between two or more parties that describes the intention of parties to work in consensus. It is generally made when parties are into initial discussions and outlines the rights and obligations of the parties to the agreement.
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Minutes Of Use
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Mountain Village Airport
Airport Codes
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The full form of MOU is Memorandum Of Understanding