IOUnoun [ C ]
uk/ˌaɪ.əʊˈjuː/us/ˌaɪ.oʊˈjuː/abbreviation for I owe you: a written promise to pay back a debt:
Here's an IOU for the fiver you lent me. I'll pay you back on Monday.
Thesaurus: synonyms and related words
Borrowing & lending
- be in the hole idiom
- borrow
- bounce
- call it quits idiom
- call sth in
- credit
- credit risk
- debenture
- fire sale
- gearing
- leveraged buyout
- liability
- liquidate
- national debt
- overpay
- pay
- put sth up
- slate
- term
- tick
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