Debtor's note

This crossword clue is for the definition: Debtor's note.
it’s A 17 letters crossword puzzle definition.
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Possible Answers: IOU.

Last seen on: Eugene Sheffer – King Feature Syndicate Crossword – Sep 21 2022

Random information on the term “IOU”:

 Numismatics portal

A scrip (or chit in India) is any substitute for legal tender. It is often a form of credit. Scrips have been created and used for a variety of reasons, including exploitive payment of employees under truck systems; or for use in local commerce at times when regular currency was unavailable, for example in remote coal towns, military bases, ships on long voyages, or occupied countries in wartime. Besides company scrip, other forms of scrip include land scrip, vouchers, token coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards.

Scrips have gained historical importance and become a subject of study in numismatics and exonumia due to their wide variety and recurring use. Scrip behaves similarly to a currency, and as such can be used to study monetary economics.

A variety of forms of scrip were used at various times in the 19th and 20th centuries.

Company scrip was a credit against the accrued wages of employees.

IOU on Wikipedia