Iou meaning

What is the meaning of IOU? In business, accounts receivable may be informally called IOUs. Word Origin late 18th century: representing the pronunciation of I owe you. A promise to pay a debt, especially a signed paper stating the specific amount owed and often bearing the letters IOU.

COBUILD Advanced English Dictionary. IOUs usually specify the debtor, the amount owe and sometimes the creditor.

Non-negotiable debt instrument addressed to a creditor, date and signed by the borrower. It serves as an informal acknowledgment of a debt of a specified sum but (depending on the terminology used) may or may not serve as an evidence of debt in a court.

The Free Dictionary. It is a written acknowledgement of a debt. It is not a negotiable instrument, like a cheque, but maybe founded upon in court to make recovery of the sum more simple.

See more words with the same meaning : acronyms (list of). 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. A memorandum or acknowledgement of debt less formal than a promissory note, because no… See definitions of iou.

Please look for them carefully. Till now you might have got some idea about the acronym, abbreviation or meaning of IOU. You might also like some similar. Find more similar words at wordhippo.

IOU Meaning : "I Owe You. Submit a new or better definition for IOU. We hope you have found this useful. This is the right place where find the answers to your questions like : Who ? Which is the meaning of iou ? We are constantly updating our database with new slang terms, acronyms, and abbreviations.

If you would like to suggest a term or an update to an existing one, please let us. Iou Urdu Meaning - Find the correct meaning of Iou in Urdu, it is important to understand the word properly when we translate it from English to Urdu. Let’s create an over-simplified example in demonstrating the calculation of the average precision. In this example, the whole dataset contains apples only.

According to Merriam-Webster, the precise international unit or IU definition is "a quantity of a biologically active substance (such as a vitamin) that produces a particular biological effect agreed upon as an international standard. Or, to put it another way, international units are a way of quantifying the biological effect you can expect from a vitamin dose.

A loan note is a type of promissory agreement that outlines the legal obligations of the lender and the borrower. Research iou and other words in the online dictionary and thesaurus.for iou. Iou Meaning in Urdu - In the age of digital communication, it is better for any person to learn and understand multiple languages for the better communication. In the modern worl there is a dire need of people who can communicate in different languages.

How to pronounce, definition by Wiktionary dictionary. Greek form of Jehu. Definition of the noun iou. Will created a nil rate band discretionary trust (£223K).