English

Noun

heads of agreement ‎(plural heads of agreement)

1. (law, former, Britain) A document stating the intent of the parties to enter into a binding agreement as outlined in the document.
   • 1995, Wolfgang Peter, Arbitration and Renegotiation of International Investment Agreements, page 116

     Finally, on July 10, 1984, Heads of Agreement were signed. Three extra drafting rounds were necessary in order to formally sign the Renegotiated Agreement.

Synonyms

• (document of intent to agree): letter of intent (US), memorandum of understanding.