Memorandum Of Agreement (MOA)

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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.

See Also: Memorandum Of Understanding (MOU)

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

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