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MEMORANDUM OF COSTS (MC-012) $1.25 What is a Memorandum of Costs? A Memorandum of Costs is a form you use to tell the court about additions and subtractions to the judgment. On this form, you tell the court what the debtor has paid you already, how much interest you have earned since the judgment was entered, AND
Memorandum of Understanding (MOU) A memorandum of understanding (MOU) is a document that describes a formal agreement between two parties. It is not a legal agreement, but it does indicate the establishment of a business relationship that will continue and likely result in a legal agreement such as a contract. This term is also known as a letter of intent (LOI) in the United States.