Meaning of IOU in Hindi is : किसी ऋण की स्वीकृति की रसीद
Definition of word IOU
I owe you. (initialism)
An informal writtennote promising to pay the stated sum. (noun)
Examples of word IOU
Campbell's campaign, meanwhile, said the endorsement is nothing more than an "IOU from the 2008 election cycle."
A prediction from this guy is about as dependable as an IOU from the mob.
A middle class person working everyday and after filing taxes, instead of their legal tax refund (if owed one) they will receive a IOU from the state.
Whew there is a Social Security surplus, the extra money is put in the general fund, and in exchange SS is given a non-marketable security for that amount (basically an IOU from the government to itself).
European banks also depend heavily on so-called wholesale funding—borrowing in a short-term IOU market—to fund dollar-denominated loans and securities positions.
KKR Financial invested in Alt-A loans that range between prime and subprime and funded those purchases largely by issuing commercial paper, short-term IOU's typically issued only to the most creditworthy borrowers.
Adding to the credit crunch: Commercial paper, a type of short-term IOU that banks use to raise cash and thus a cog of daily banking operations, is finding little demand among investors.
Also Anita and I were worried about the anti-intellectual attitudes towards the University of California expressed by the state legislature, worries that proved well-founded when a few years later salaries were capped, teaching loads were increased, and the state budget was not passed on time, causing faculty to be paid in IOU's.
US dollars are created when the Treasury issues a bond, in other words an IOU or a debt and it gets sold on the open market.
Commercial paper, which helps lubricate the flow of business operations, is a short-term IOU available to corporations that banks usually know are good for the money.