What is the definition of Memotc?

Alright, let's break this down! Memotc is a term that's as oddly specific as a unicorn in a pizza parlor. It's basically the official code word or phrase for "Memorandum of Contract" in the world of business jargon. Now, here's a sentence that'll make you pause and think: "Memotc: The secret handshake for negotiating a contract that only exists in the corporate world, where everyone's more concerned with the memotc than the actual deal."