MOU meaning in Governmental Politics ?

Answer:

What is Memorandum Of Understanding mean?

A memorandum of understanding (MoU) is a type of agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used either in cases where parties do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement.

Whether a document constitutes a binding contract depends only on the presence or absence of well-defined legal elements in the text proper of the document (the so-called "four corners"). The required elements are offer and acceptance, consideration, and the intention to be legally bound (animus contrahendi). In the US, the specifics can differ slightly depending on whether the contract is for goods (falls under the Uniform Commercial Code) or services (falls under the common law of the state).

Many companies and government agencies use MoUs to define a relationship between departments, agencies or closely held companies.

reference

Full Form	Category
Maharishi Open University	Academic & Science
Mountain Village (ak)	Airport Code
Modun Resources Ltd	Business
Minnesota Ornithologists Union	Community
Mobile Offshore Unit	General
Memorandum of	General
Memorandum a of Understanding	General
Memoranda of Understanding	General
Minimum Order Unit	General
Memorandum Of Understandings	General
Memorandums Of Understanding	General
Men Of Understanding	General
Mopars Of Utah	General
Memorandum Of Understanding	Governmental Politics
MANOHARPUR	Indian Railway Station
Mobile Observer Unit	International
Maximum Oxygen Uptake	Medical
Midwife Obstetric Unit	Medical
Medical Officer Union	Medical
Mountain Village, Alaska USA	Regional
Minutes of Use	Telecommunication
Mountain Village Airport	Transport & Travel