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 ?
According to the latest statistics from the World Bank and the IMF, Japan is the world's most indebted country, with Tokyo owing $99,725 for every citizen.
Mango House Indian |Restaurant in High Street, Merthyr Tydfil, is listed twice, once as owing PS5,000 and once as owing PS2,500.
ONE of Britain's most notorious touts, Michael Rangos, has never been prosecuted despite running three companies into the ground while owing millions of pounds to thousands of disappointed fans.
The online list includes 13,000 properties throughout the five boroughs owing a total of $377 million.
A taxpayer owing federal taxes should first took at ways to pay the liability in full.
The top 200 delinquents owe about $570 million, with the top four alone owing some $104.
Dysart applied Lewis to find that the IRS could offset a refund of a penalty by additional time-barred income tax determined to be owing for the same year.
d) a service provider to the Company has communicated to the Company that all amounts owing to the service provider by the Company have been removed from the books of the service provider (the books of the Company indicated that the amount was approximately $46,000);
Abraham Lincoln is remembered for once owing somebody 7 cents and walking several miles to repay that individual,'' Sherman said after a press conference Monday outside the Van Nuys IRS office.
Also on the rise are individual Brooklyn condo delinquencies, which have jumped from 402 to 525 units owing $133,816, and representing 16 percent of the total units.