IOU
An IOU, which stands for "I owe you," is a simple note that shows one person owes money to another person. In cryptocurrency, it can refer to a promise to pay back a debt or a claim on an asset.
More terms under I
- IEOAn Initial Exchange Offering (IEO) is a way for new cryptocurrencies to sell their tokens directly through a cryptocurrency exchange instead of the project…
- IP AddressAn IP address is a unique set of numbers that identifies a device, like a computer or smartphone, on the internet or a local network.
- IPOAn Initial Public Offering (IPO) is when a company sells its new shares to the public for the first time to raise money.
- IYKYKIYKYK stands for "if you know, you know." It means sharing insider information or experiences that only certain people will understand, often referring to a…
- ImmutableA characteristic that means something cannot be changed or altered once it's created, especially over time.
- Impermanent LossImpermanent loss happens when a person providing liquidity to a trading pair experiences a temporary decrease in the value of their funds due to price changes.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.