===== Memorandum of Understanding (MoU) =====
[[ddsf:public:guidebook:06_append:glossary:start| Return to Glossary ]]

 A **Memorandum of Understanding (MOU or MoU)** is an agreement between two or more parties outlined in a formal document. It is not legally binding but signals the willingness of the parties to move forward with a contract.

The MOU can be seen as the starting point for negotiations as it defines the scope and purpose of the talks. 

Source: [[https://www.investopedia.com/terms/m/mou.asp | Memorandum of Understanding (MoU) ]]