IOU

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Go Premium Index — Click the ᐅ to expand: Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

An “I owe you”: that thing you leave the milkman when you’ve just got back from holiday and you only have Pesetas in your wallet. In the world of high finance they are known as promissory notes bonds, notes or MTNs.

See also

• Promissory note
• The Way We Live Now