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Memorandum
01
a written message or communication, often used within an organization, to convey information, directives, or agreements to employees or stakeholders in a concise and formal manner
02
a document outlining the terms of understanding or agreement between parties, often used in legal or business contexts
Example
The company sent a memorandum to all employees about the upcoming policy changes.
The memorandum specified the responsibilities of each party involved in the contract.
The team drafted a memorandum to outline the new project guidelines.
We reviewed the memorandum to ensure all terms were clearly defined.
Before finalizing the deal, they signed a memorandum of understanding.
