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 ?
It is also understood the airline, owned by Galway businessman Padraig O Ceidigh, owes one month's worth of employee tax and PRSI to the Revenue Commission.
He and wife Claudia Schiffer have two children, with a third due imminently, and he feels he owes one to the home team.
MOUTH TO MEOW-TH: A lucky cat owes one of its nine lives to a firefighter who revived it.
MOUTH TO MEOW-TH Alucky cat owes one of its nine lives to a firefighter who revived it with mouth-to-mouth resuscitation.
Sorensen owes one to his manager, because Stefan Postma had a stormer in his only Premiership match this season at Arsenal and many believed the Dutchman would get a run in the first team.