is the second studio album by guitarist Allan Holdsworth, released in 1982 through Luna Crack Records/I.O.U.

[4] Holdsworth’s band consists of drummer and pianist Gary Husband, bassist Paul Carmichael and singer Paul Williams, with whom Holdsworth had worked in Tempest.

A previous solo album, Velvet Darkness, was released in 1976 without Holdsworth's consent,[5] therefore making this (in his view) his first official solo release.

Many tracks from Velvet Darkness were refined, re-recorded and retitled for I.O.U., whilst "The Things You see" takes its name from an earlier album of the same name, made in collaboration with keyboardist Gordon Beck.

as "high-quality jazz fusion interplay" and praised Holdsworth's "well-crafted soloing".