MOU

MOU, MoU, Mou or mou may refer to:

Memorandum of understanding

A memorandum of understanding (MoU) describes a bilateral or multilateral agreement between two or more parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either 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 or not 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 U.S., the specifics can differ slightly depending on whether the contract is for goods (falls under the Uniform Commercial Code [UCC]) or services (falls under the common law of the state).

U.S. private law

In private U.S. law, MoU is a common synonym for a letter of intent. One example is the MoU between Bush and Kerry for the 2004 debates iii.

Reception

Reception is a noun form of receiving, or to receive something, such as information, art, experience, or people. It is often used in the following contexts:

Reception (gridiron football)

In American football and Canadian football, a reception is part of a play in which a forward pass from behind the line of scrimmage is received (caught) by a player in bounds, who, after the catch, proceeds to either score a touchdown or be downed. Yards gained from the receiving play are credited to the player as receiving yards. If such a pass is not caught by the receiver, it is called an incomplete pass or simply an incompletion.

A reception should not be confused with a lateral, also known as a lateral pass or backward pass, which occurs when the ball is thrown backwards or sideways to a teammate (that is, no part of the pass trajectory is toward the opponent's goal line).

See also

Reception (astrology)

In astrology, reception is a condition where one planet is located in a sign where a second planet has astrological dignity--for example, a sign which the second planet rules or in which it is exalted, or where the second planet is the triplicity ruler.

In such a case, the first planet is said to be "received" by the dignified planet, and this relationship was seen by ancient and medieval astrologers to function in a similar way to that of host and guest. The dignified planet is strong, and hence provides support and assistance to the second planet which falls within its purview.

Sometimes this relationship is mutual—that is, each planet is in each other's sign of dignity. This condition is called mutual reception or "exchange of signs" and can be very beneficial to both planets.

Further reading