online dictionaries of abbreviations

Search query: IOU
Found in dictionaries: 2
Finance and Banking (2)
(I Owe You) A promise of money, goods, services, or other items of value, which may be either written or verbal. It is commonly held that the name derives from the phonetic pronunciations of…
(Promissory Note) A contract detailing the terms of a promise by one party (the maker) to pay a sum of money to the other (the payee). The obligation may arise from the repayment of a loan…

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