Buyer Interest and Offers

IOI

Short for indication of interest. Why it matters: An IOI is usually early and non-binding, so owners should treat it as a signal of interest rather than a final deal.

Related terms

Indication of Interest

A non-binding early offer that gives a rough price range and deal structure. Why it matters: An IOI helps separate serious buyers from casual ones before the seller shares deeper information or invests time in management meetings.

Non-Binding

Not legally final. Many LOI terms are non-binding, meaning either side can still walk away. Why it matters: Non-binding language means the buyer can still change terms or walk away, especially if diligence, financing, or approvals do not go as expected.

More from Buyer Interest and Offers

Binding Terms Breakup Fee Confidentiality Agreement Exclusivity Indication of Interest Letter of Intent LOI NDA No-Shop Clause Non-Binding

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