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 ?
He said on the PTCL owes Dollar 800 million and no mark up has been charged on this balance.
Every American now owes $58,604 with a debt-to-GDP ratio of 107.
It owes Sat Bains PS2,880 for an event where he was to cook with MasterChef finalist Adam Handling.
Central House fish and chip |shop in Ystradgynlais, Swansea, owes PS5,000.
And 12 other members of the Oireachtas each owe between EUR1,000 and EUR3,000 after downing drink and food on their own personal tabs in the facility.
THE average Briton now owes more than pounds 42,000 through mortgages, credit cards, loans and other forms of debt, research showed today.
Some leading members of the education community said Tuesday that they are glad to see the increase but believe the governor owes schools about $5.
The taxpayer that owes a great deal of money, typically over $10,000, will not have a tax lien on their assets or property, which will affect their credit," says Fredrick W.
Filing individually means that Josie pays the IRS $4,545; Arlene, of course, owes nothing.
He argues that the IRS dropped its case when it settled with him, and therefore cannot hold the assessments or the settlement amounts that he still owes against him.
According to the city records, he owes $12,316,304.
f) the Company owes a supplier $150,000 as evidenced by a promissory note.