Meaning | I owe you |
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Type | Acronym |
Usage | General (not just online) |
Comments | IOU can be used as a noun or a verb. For example, an IOU is an amount owed to another person. In conversation, IOU may simply be short for, "I owe you..." |
Example | "Thanks for driving to the game. Don't forget, IOU $15 for parking." |
Updated | June 1, 2010 |