IOU
An IOU is a document stating that one party owes another party money. This debt can be for any reason, such as the purchase of goods or services. IOUs can be helpful in cases where both parties want to keep track of the debt and its repayment.
An IOU is a document stating that one party owes another party money. This debt can be for any reason, such as the purchase of goods or services. IOUs can be helpful in cases where both parties want to keep track of the debt and its repayment.