I.o.u. legal definition of I.o.u.
IOU (redirected from I.o.u.)
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IOU a corrupted abbreviated form of the words ‘I owe you’. 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.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive
Basically, it's like a big I.O.U.
program, or grassroots credit cams.
Love is such a precious gift, One thing in my life I know is true, And I.O.U.
Farooque,32, followed her in and she wrote him the I.O.U.
THE sister of a British movie star was raped by a cab driver after writing him a pounds 20 I.O.U.
following a boozy night out, a court heard yesterday.