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 ?
K Construction (Scotland) Edinburgh, owed PS1916 to two workers.
Caterers Baxter Storey are owed almost PS400,000 and Bus Business PS100,000.
It owed PS10m to Adidas, while Nike and Umbro were each owed PS8m, according to a report filed by administrators at Companies House.
I believe this is a payment on what had been owed in the past, and I think he's trying to do the right thing.
Gateshead is owed just over pounds 2 million and has 9,900 tenants in arrears.
Its reasoning seems to be (although it is admittedly unclear on this point) that M's returns for several years did not reflect the amounts that M actually owed, because M did not pay the assessment penalties.
JJB owed PS10m to sportswear group Adidas, while Nike and Umbro were each owed PS8m, according to a report filed by administrators at Companies House and seen by the Mail on Sunday.
Dozens of supply firms in the Midlands, including plumbers, electricians, window companies and painters and decorators, were caught up in the collapse of the Jewellery Quarter firm, with some owed substantial five-figure sums.
They include: AW Lumb Ltd, of Tamworth, owed pounds 59,117; Alpha Wastecare of Hockley, owed pounds 15,150; Avonside Roofing West Midlands, of Cannock, owed pounds 37,202; and BJ Bird Plasterers of Cannock, owed pounds 18,232.
The Washingtons still owed 57,000 on it and a trade-in would have left them with $5,500 on top of the new car note.
City Controller Laura Chick issued a scathing audit Thursday of the city's efforts to collect $80 million it's owed, saying more money is spent trying to get the debts paid than the pittance that is actually collected.