memorandum
//ˌmɛməˈrændəm//
Noun
memorandumSingular
memorandaPlural
1
A written message or note, especially in business or diplomacy, used to communicate policies, procedures, or official information within an organization.
The manager sent a memorandum to all staff about the new office policy.
2
A document recording the terms of a transaction or contract, serving as a record for future reference.
Both parties signed a memorandum outlining the terms of the agreement.