IOI vs MNDA
IOI (Indication Of Interest) and MNDA (Mutual Non-Disclosure Agreement) both come up in business conversations and get confused. Here's the plain-English difference, side by side, so you can use each one with confidence.
The key difference: IOI refers to indication of interest, while MNDA refers to mutual non-disclosure agreement — they describe different things even when they show up in the same sentence.
IOI — Indication Of Interest
Non-binding written expression of interest in acquiring a company, usually with a price range and key assumptions. IOIs come before LOIs and let sellers narrow the field of serious buyers.
MNDA — Mutual Non-Disclosure Agreement
Two-way confidentiality agreement signed before either party shares sensitive information. MNDAs are the standard opening move in M&A, partnership, and procurement conversations.
When to use IOI
Reach for "IOI" when the conversation is specifically about indication of interest. Non-binding written expression of interest in acquiring a company, usually with a price range and key assumptions. IOIs come before LOIs and let sellers narrow the field of serious buyers.
When to use MNDA
Reach for "MNDA" when the conversation is specifically about mutual non-disclosure agreement. Two-way confidentiality agreement signed before either party shares sensitive information. MNDAs are the standard opening move in M&A, partnership, and procurement conversations.
FAQs
What is the difference between IOI and MNDA?
IOI stands for Indication Of Interest — Non-binding written expression of interest in acquiring a company, usually with a price range and key assumptions. IOIs come before LOIs and let sellers narrow the field of serious buyers. MNDA stands for Mutual Non-Disclosure Agreement — Two-way confidentiality agreement signed before either party shares sensitive information. MNDAs are the standard opening move in M&A, partnership, and procurement conversations.
Are IOI and MNDA the same thing?
No. They're often used in the same conversation because they're related, but they describe different concepts. IOI = Indication Of Interest. MNDA = Mutual Non-Disclosure Agreement.
When should I use IOI vs MNDA?
Use IOI when you're specifically referring to indication of interest. Use MNDA when the topic is mutual non-disclosure agreement.