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I.O.U.

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IOU

a written acknowledgment of a debt, esp. an informal one consisting only of the letters IOU, the sum owed, and the debtor's signature.
Also, I.O.U.


Origin:
1610–20; repr. I owe you
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Cultural Dictionary

IOU

Abbreviation for “I owe you.” An IOU is a written statement of a borrower's obligation to pay a debt.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

I.O.U. 
1618, with punning reference to "I Owe You."
Online Etymology Dictionary, © 2001 Douglas Harper
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