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The abbreviation IOU stands for I owe you. This could be a monetary or non-monetary debt owed by a person. The IOU could have the creditor mentioned and the financial amount or item that is owed.

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10y ago
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11y ago

In our trivial pursuit game, answer given was "unto."

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15y ago

I means I owe you because the words sound like the letters IOU

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12y ago

It is short for "I owe you". "IOU two dollars."

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14y ago

It means Owe I Owe You (U)

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Q: What does the U stand for in abbreviation IOU?
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