A+E Networks. On this day in 1945, President Harry S. Truman nonchalantly hints to Soviet Premier Joseph Stalin that the United States has successfully developed a new weapon. In his diary, Truman privately referred to the new weapon, the atomic bomb, as the most terrible bomb in the history of the world.
Definitions for loi. Loi. Loi is the word in the Meitei language for the term scheduled caste. The term Loi is given to the Meitei villages of Manipur in northeast India who refused to adopt Hinduism when the newly converted Manipuri king ordered all his subjects to adopt the religion.
Now, onward to the differences between an IOI and an LOIâ¦. The LOI is a more formal document than the IOI and outlines a final firm price and deal structure for your company. Instead of offering a general price range, the LOI gives the final bid for the company in absolute dollar terms or as a firm multiple of EBITDA.