Owe


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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 ?
This debt spiral looks likely to worsen in 2016, with more than a quarter (28 per cent) of those with existing debt saying they owe more this year than last.
Little Kiribati, a nation of islands in the Pacific, owes just $15 million to international creditors.
Calculate how much your car is worth and how much you owe on it.
Most of all, we owe them our mourning, our admiration and our gratitude.
The hotel's owners, European American Lodging, currently owe $2.
In total there are 13 TDs or senators who owe the Dail restaurant more than EUR1,000.
A further seven per cent of people are in debt to their families to the tune of pounds 150, and six per cent owe friends about pounds 71.
The more you owe, the longer you can expect the government to process your application.
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.
As an H&R Block agent pored over his financial papers, the fiber-optics tester said he likely would owe money on his taxes this year.