A semi-block (also called a modified block) style business letter is justified at the left margin with the exception of the return address (if not using letterhead), the reference line, and your closing, signature, and printed name. These are tabbed about one third to the right of the page.
A full block style business letter is all justified against the left margin, including the your return address (if not using letterhead), the reference line, and your closing, signature, and printed name.
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