IOU

id: iou-294-8774743
title: IOU
text: An IOU 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
brand slug: wiki
category slug: encyclopedia
description: Informal document acknowledging debt
original url: https://en.wikipedia.org/wiki/IOU
date created:
date modified: 2023-03-26T00:37:13Z
main entity: {"identifier":"Q534910","url":"https://www.wikidata.org/entity/Q534910"}
image:
fields total: 13
integrity: 14

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