Owe


Also found in: Dictionary, Thesaurus, Legal, Acronyms, Idioms, Wikipedia.

Owe

To be required to repay money or another asset to an individual, company, or other organization. One owes a debt after one has borrowed money or another asset. In business and government, debt is often owed in the form of bonds, which are securities entitling the bearer to repayment at the appropriate time(s). Occasionally, especially for personal loans, debt is owed without interest or other compensation; one simply owes what was lent. This is exceedingly rare in business and a debtor almost always owes a creditor a certain amount of interest, representing the time value of money.
References in periodicals archive ?
Every American now owes $58,604 with a debt-to-GDP ratio of 107.
But 28 per cent of people also owe just under pounds 1,000 on credit cards, while 15 per cent have a loan averaging pounds 1,408 and 15 per cent owe pounds 260 through an overdraft.
If you still owe on your current car, trading it in may not be the best option.
Yet we also owe it to them to protect the future generations of astronauts as much as possible by fully investigating what went wrong Saturday, and how future tragedies can be prevented.
Four of the top ten scofflaws are foreign governments that collectively owe $97.
Overall 157 of the Oireachtas's 226 TDs and senators owe EUR74,941 for meals and beverages, figures revealed.
The IRS has allowed some taxpayers to settle their debt for as little as 1% of what they owe.
State authorities advise that Californians out of compliance with their state taxes really need to pay attention to the upcoming amnesty program because the state is cracking down on those who owe.
A charge-off enables the firm that you owe to get a tax break by claiming a loss; it doesn't exonerate you from the debt.
We all know that if we owe the IRS money, they'll find us.
Collectors cannot misrepresent the amount you owe, or falsely imply that they represent the government or work for a credit bureau.