- memorandum of agreement
- memorandum of agreement memoˌrandum of aˈgreement noun memoranda of agreement PLURALFORM or memorandums of agreement PLURALFORM [countable] LAWanother name for memorandum of understanding:
• The two companies have signed a memorandum of agreement to jointly compete for new business in defense.
* * *memorandum of agreement UK US noun [C]► a document that records the details of an agreement between two companies or organizations, which has not yet been legally approved: »
He said that health officials would come to Washington this month to complete details of a memorandum of agreement between the countries.
Financial and business terms. 2012.