Pitch Dictionary by pitch.dog
Contracts, memos & negotiation instruments · Working

Deal memo

ELI5

A short document recording principal agreed deal terms before or instead of a full long-form contract.

Used in conversation

“Legal needs to review the deal memo before we circulate the project.”

Pitch context

You may hear this during a commercial brief, treatment, bid, award or pre-production process.

Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Connected terms

  • Letter of intentA letter of intent records proposed commitment or intention; a deal memo records principal agreed terms pending a long-form contract.
Sources & evidence · 13

Direct term-level sources and supporting source families.