Sentence examples for IOU from inspiring English sources

"IOU" is a correct and usable word in written English
It stands for "I owe you," and it is used when referencing a debt or something that is owed or promised. For example, "I promised to buy you dinner, so here's an IOU until I can pay you back."

Dictionary

IOU

noun

An informal written note promising to pay the stated sum.

  • When David couldn't afford to match the money in the poker pot, he added an IOU for the remaining amount instead.

Exact(56)

Apple gets it in the neck ("When you buy an album on iTunes you're renting music rather than buying it; you're getting the equivalent of an IOU"), as does YouTube, for letting major artists fiddle their viewing figures.

After they renamed themselves IOU their break came when one member's mother brought them to the attention of Walsh, who was managing Boyzone, the Irish five-piece who signed to Polydor Records and conquered the charts after an A&R man at RCA passed up the chance to sign them.

The big enchilada Romancing the Apple High tide, arid land IOU H2O A much-needed victory Reprints Related topics Free trade China Government and politics World politics Political policyIn immediate foreign-policy terms, the passage of PNTR avoids a major breakdown of relations with China.

Mr Gross retorted that he had borrowed money from an uncle, who claimed to have borrowed it from relatives abroad but apparently got it from a Czech journalist, who took an IOU that he gave to a fringe politician, who burnt it or so the parties claim.

The reckoning took account of the likely losses from transferring the banks' worst loans at a discount to NAMA, Ireland's "bad bank .The Irish government injected €8.3 billion of capital into Anglo in the form of a "promissory note", essentially an IOU.

Just occasionally this petty-cash fund had to be tapped for immediate needs, and raiders would ease their consciences by leaving an IOU for the requisite sum.One way of viewing the American Social Security Trust fund is as a massive cookie jar filled with IOUs.

The big enchilada Romancing the Apple High tide, arid land IOU H2O ReprintsBy 2020 California will have added 13m more souls to the 34m already living there and most of them will have to live in a desert, albeit with swimming pools and lawns.

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Similar(4)

Even if the Greek government decides to pay wages and pensions by printing its own IOUs or "new drachmas", the European court of justice will rule that all domestic debts and bank deposits must be repaid in euros.

A technical default, intensifying the squeeze on Greek banks, might lead to the Greek government paying pensions in IOUs and wages in cheques drawn on Greek banks that lack funds.

Every time the OBR crunches its numbers the peak rises and the happy horizon at which the government's pile of IOUs starts to shrink recedes.

Benjamin Strong, the Fed's de facto leader in its early years, saw how the deep and liquid market for trade acceptances the IOUs that were used to finance shipments of goods—helped the Bank of England to manage credit conditions.

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