There are multiple definitions - click on the translation that matches your context.

Absichtserklärung

Substantiv

partial

memorandum of understanding

noun

Definitions of memorandum of understanding

an agreement between two or more parties stating a common will between them and indicating an intention to take some joint action

The purpose of this Memorandum of Understanding (hereinafter referred to as "MoU") is to establish a code of practice in the fight against the sale of counterfeit goods over the internet.