Mou full form: MoU stands for memorandum of understanding

MoU stands for memorandum of understanding, a type of agreement between two or more parties that expresses a common line of action. MoUs can be legally binding or non-binding, depending on the context and the parties' intent. Use a memorandum of understanding template to outline roles, goals, and terms in a partnership. Download a free MOU form to get started. Learn what MOU stands for, how it differs from MOA, and what are its key components, advantages, and disadvantages. MOU is a non-binding agreement that outlines a mutual understanding or plan of action between two or more parties. A MOU full form is a memorandum of understanding. A formal agreement between two or more parties is a memorandum of understanding MOU .