Iou

An IOU (abbreviated from the phrase "I owe you") is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable instrument and does not specify repayment terms such as the time of repayment. IOUs usually specify the debtor, the amount owed, and sometimes the creditor. IOUs may be signed or carry distinguishing marks or designs to ensure authenticity. In some cases, IOUs may be redeemable for a specific product or service rather than a quantity of currency.
Posts about Iou
  • Facebook Adds Polls, Payments Chat Assist Function to Messenger

    …. A Facebook spokesperson told Constine: We look at this chat assist function with polls and payments as just another example of offering help to make Messenger users’ lives easier, like offering a ride with Uber, for example. Readers: What are your thoughts on these new Messenger features? Screenshot of chat assist function courtesy of Josh Constine, TechCrunch. …

    David Cohen/ AllFacebookin Social Facebook- 19 readers -
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