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, constituting a form of scrip.

California Registered Warrants

Also referred to as "IOUs" by the U.S. state of California, the term "Registered Warrants", which specify a future payment date, is meant to differentiate these IOUs from regular, or “normal” payroll warrants which permit the holder to exchange their warrant for cash immediately. For both types of warrants, redeeming them may be delayed until funds are available. Because of this uncertainty, warrants are not negotiable instruments. Registered Warrants were issued in July 2009 due to a temporary inability of the state of California to redeem its warrants. Warrants are issued as payment to state employees, private businesses, local governments, taxpayers receiving tax refunds, and owners of unclaimed money.

Wretch 32

Jermaine Scott Sinclair (born 9 March 1985), better known by his stage name Wretch 32 (three-two), is an English rapper and former Grime MC from Tottenham, London where he grew up the son of a local reggae DJ in the Tiverton Estate. He was a member of the grime collective "Combination Chain Gang", before forming The Movement with Scorcher, Ghetts, and Mercston. Wretch released his first single "Traktor" in January 2011.

2009 Mp3 Music Awards announced that Wretch 32 was nominated for an Mp3 Award alongside Chipmunk and Haringey Independent and Channel U / Channel AKA published the story.

On 6 December 2010, the BBC also announced that Wretch 32 had been nominated for the BBC's Sound of 2011 poll and MTV named him as a nominee for MTV Brand New for 2011.

In 2011, Wretch 32 had three top-five charting songs from debut album Black and White and amassed over a million record sales. In 2012 he was used by both Adidas and Coca Cola as one of the main faces of their London 2012 Olympics campaigns and on 1 July 2012 he won 'Best International Act' at the 2012 BET Awards.