Outline of Material Business Terms. The Letter of Intentâs primary purpose is to outline the non-binding agreement of the parties to. material business terms without which the parties would not proceed to spend further time, energy.
A prÃ©cis is a brief summary of a book, article, speech, or other text. Plural: prÃ©cis. The basic characteristics of an effective prÃ©cis are conciseness, clarity, completeness, unity, and coherence.
Plural abscissas or abscissae (Äb-sÄ­s'Ä) The distance of a point from the y-axis on a graph in the Cartesian coordinate system. It is measured parallel to the x-axis. For example, a point having coordinates (2,3) has 2 as its abscissa. Compare ordinate.