"Note acknowledging a debt" NYT crossword answer is:IOU (3 letters length)
The answer for "Note acknowledging a debt" crossword clue is listed above to help you solve the puzzle you are currently working on.
A note acknowledging a debt is a written document that confirms that a person or organization owes a debt to another person or organization. This type of note is often used in business transactions, such as when a company borrows money from a bank or when a customer purchases goods on credit. It is important to have a written record of the debt, as it serves as evidence of the agreement between the two parties. The New York Times crossword clue for January 1, 2024, is likely referring to this type of note.