What does IOU mean?

Definitions for IOU
iou

This dictionary definitions page includes all the possible meanings, example usage and translations of the word IOU.

Princeton's WordNet

  1. IOUnoun

    an informal debt instrument; representing `I owe you'

Wiktionary

  1. IOUnoun

    An informal written note promising to pay the stated sum.

    When David couldn't afford to match the money in the poker pot, he added an IOU for the remaining amount instead.

  2. Etymology: From the pronunciation of "I owe you", not the initial letters.

Wikipedia

  1. IOU

    An IOU (abbreviated from the phrase "I owe you") is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable instrument and does not specify repayment terms such as the time of repayment. IOUs usually specify the debtor, the amount owed, and sometimes the creditor. IOUs may be signed or carry distinguishing marks or designs to ensure authenticity. In some cases, IOUs may be redeemable for a specific product or service rather than a quantity of currency, constituting a form of scrip.

ChatGPT

  1. iou

    IOU, an abbreviation of "I owe you", is typically a written informal acknowledgment of a debt that is owed. It typically refers to an informal document that acknowledges a debt that one party owes to another. It is not a formal legal agreement, but it can still be used as proof of a financial obligation.

Wikidata

  1. IOU

    An IOU is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable instrument and does not specify repayment terms such as the time of repayment. IOUs usually specify the debtor, the amount owed, and sometimes the creditor. IOUs may be signed or carry distinguishing marks or designs to ensure authenticity. In some cases, IOUs may be redeemable for a specific product or service rather than a quantity of currency.

Suggested Resources

  1. IOU

    What does IOU stand for? -- Explore the various meanings for the IOU acronym on the Abbreviations.com website.

Matched Categories

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Numerology

  1. Chaldean Numerology

    The numerical value of IOU in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of IOU in Pythagorean Numerology is: 9

Examples of IOU in a Sentence

  1. Baquer Namazi:

    Yet seven years and two presidents later, I remain caged in Tehran’s notorious Evin prison, holding that long overdue IOU along with the unenviable title of the longest held Iranian-American hostage in history.

  2. Chris Byrne:

    We recommend you don’t go out and spend $ 100 for a $ 14.99 toy, i have it on good authority Santa will send an IOU, and these will be back in stock right after the New Year.

Popularity rank by frequency of use

IOU#10000#76495#100000

Translations for IOU

From our Multilingual Translation Dictionary

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"IOU." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/IOU>.

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