The term "letter of intent" can be used in various contexts, such as business, law and education. In business, it signifies a formal document outlining a company's intention to enter into a partnership or agreement with another company. In law, it refers to a document expressing a party's intention to take legal action. In education, it is a written statement expressing a student's intention to apply for admission to a particular institution or program. Synonyms for "letter of intent" include expression of interest, memorandum of understanding, declaration of intent, statement of intention and proposal. Each of these terms denotes a formal written statement outlining a person or organization's intention or plan.