allows current to flow in one direction only
This is called forward bias
In the reverse direction, the diode has very high resistance, + thus no current flows
This is called reverse bias
IV graph for a diode is slightly different:
When current is in direction of arrowhead symbol, this is forward bias
shown by the sharp increase in voltage+current on the right side of the graph
When diode is switched around, this is reverse bias
shown by a zero reading of current or voltage on left side of graph