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Quantitative Finance · Glossary

What is Offer letter?

Definition 7.1 The Interview Book · Chapter 7 — Offers, Compensation and Non-Competes

An offer letter is the firm’s written proposal of employment: the role, the start date, the pay and its conditions, the notice period and the restrictive covenants, and the conditions on which the offer depends (references, background checks, regulatory approval). It is followed by, or incorporates, the employment contract, whose terms govern.

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