owe

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owe

v. to have a legal duty to pay funds to another. However, to owe does not make the amount "payable" if the date for payment has not yet arrived. (See: debt, due, payable)

owe

verb be beholden, be bound, be due, be in debt, be indebted, be liable, be obligated, be under obligation, contract a debt, debere, have a loan, have an obligation, incur a debt
Associated concepts: debt owed, debtor-creditor laws, legally owed, taxes owed
See also: overdraw
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.
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.