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| A **Memorandum Of Agreement (MOA)** or cooperative agreement is a document written between parties to cooperatively work together on an agreed upon project or meet an agreed upon objective. The purpose of an MOA is to have a written understanding of the agreement between parties. The MOA can also be a legal document that is binding and hold the parties responsible to their commitment, or just a partnership agreement. | A **Memorandum Of Agreement (MOA)** or cooperative agreement is a document written between parties to cooperatively work together on an agreed upon project or meet an agreed upon objective. The purpose of an MOA is to have a written understanding of the agreement between parties. The MOA can also be a legal document that is binding and hold the parties responsible to their commitment, or just a partnership agreement. | ||
| - | See Also: MOU | + | See Also: [[dido:public:ra:xapend:xapend.a_glossary:m:mou]] |
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| + | : **Note:** An MOU is a document that describes very broad concepts of mutual understanding, goals, and plans shared by the parties. In contrast, an MOA is a document describing in detail the specific responsibilities of, and actions to be taken by, each of the parties so that their goals may be accomplished. [[https://www.investopedia.com/terms/m/mou.asp]] | ||
| Source: [[https://www.linkedin.com/pulse/difference-between-mou-moa-deep-chand/ ]] | Source: [[https://www.linkedin.com/pulse/difference-between-mou-moa-deep-chand/ ]] | ||