What is an example of an IOU?

Usually, an IOU is a signed informal notice of an unpaid debt, sometimes because of partial payment and an outstanding balance due. For example, Company XYZ may buy raw materials for its production but until it sells the finished product, it does not have sufficient cash flow to pay for the raw materials in full .

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How can I get admission in IOU?

Once a student completes and submits the online form, he or she is automatically registered with the IOU . If the Registrar’s Office finds the student’s uploaded documents to be in order, admission will be granted and the student will be instructed to pay his or her semester fees.

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