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IOTA

From Wiktionary, the free dictionary
See also: iota, Iota, ióta, ìota, and íota

English

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Etymology

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Acronym of interest on trust account.

Noun

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IOTA (plural IOTAs)

  1. (finance) A bank account that earns interest and pays it to a third party, generally a charity; the principal is typically being held in escrow by the accountholder.

Hyponyms

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Further reading

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Anagrams

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