Tiny Pacific Island Strikes Lucrative Deal to House U.S. Deportees

[BumRushDaShow]

23. "Exactly what is... A "memo of understanding"? Is that another term for a Treaty?"

In the fed world, we abbreviated (and "sounded it out" as ) "MOU".

It basically is an "agreement" between 2 entities (could be between 2 states or between a state agency and a federal agency, etc), where the 2 will define some kind of partnership between them, will designate what roles each party will play, and what processes and/or procedures will be necessary for both sides to agree to and follow, to enact the MOU.

It basically formalizes what would be roles that were originally done independently and will now be shared, with expectations spelled out for what each side would be responsible for. But it is not a treaty nor a formal business contract (both of those being legally binding).