What Does LOA Stand For?

LOA stands for Letter Of Agreement

LOA, or Letter of Agreement, is a formal document that outlines the terms and conditions of a mutual understanding between parties involved in a specific transaction or collaboration. It serves to clarify responsibilities, expectations, and the scope of work, ensuring both parties are aligned and have a documented reference point for their agreement. The LOA is typically used in business dealings, partnerships, and project collaborations to promote transparency and accountability.