IOTA

See also: iota, Iota, ióta, ìota, and íota

English

Etymology

Acronym of interest on trust account.

Noun

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

• IOLA
• IOLTA

Further reading

• Interest on Lawyer Trust Accounts on Wikipedia.Wikipedia

Anagrams

• Ōita, Tai O, Oita, Toia