# IOI (Indication of Interest)

A short, non-binding letter naming a rough range to show real interest.

Cheap to write and non-binding, it lets you signal real interest and earn a management meeting without opening the terms fight an [LOI](https://searchspheresource.com/glossary/loi) touches off. Confusing the weight of the two is a first-timer tell: an IOI floats a range, while the LOI that follows names one price and asks for exclusivity.

In numbers: An IOI might say 'we would value the business at $4,100,000 to $4,500,000, subject to diligence': a range, not a commitment, used to earn a management meeting. The LOI that follows names one price and asks for exclusivity; confusing the two documents' weight is a first-timer tell.

Source: https://searchspheresource.com/glossary/ioi
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt