An "IOU" (stands for "I owe you") is any financial instrument whereby a borrower/issuer recognises that it owes an amount of money to a lender/investor.
IOU
An "IOU" (stands for "I owe you") is any financial instrument whereby a borrower/issuer recognises that it owes an amount of money to a lender/investor.
An "IOU" (stands for "I owe you") is any financial instrument whereby a borrower/issuer recognises that it owes an amount of money to a lender/investor.