How to Use "IOU" with Example Sentences

1. Any iou that is accepted in payment for services rendered can be regarded as money .

2. This is an iou from the buyer to the seller , effectively a form of deferred consideration .

3. Perhaps they could roll over those bills into some form of iou from the government .

4. The special account would acquire at face value the bad loans , using only the ministry 's iou as payment .

5. But the debtor is giving the creditor in exchange , not money , but an iou , the prospect of receiving money one year from now .