Definition
Instant messaging falls under the umbrella term online chat, since it is also text-based, bi-directionally exchanged, and happens in real-time. IM is distinct from chat in that IM is based on clients that facilitate connections between specified known users (often using a contact list, buddy list, or friend list). Online 'chat' includes web-based applications that allow communication between (often directly addressed, but anonymous) users in a multi-user environment.
Read more about this topic: Instant Messaging Clients
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