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 ?
Little Kiribati, a nation of islands in the Pacific, owes just $15 million to international creditors.
Similarly, Al-Safa-I in F-11/1 owes Rs 3,386,000,Abbasi Distributors in sector I-9/2, Mansoob PVC Pipes in sector I-9/2 and RK Steel Mills in sector I-9/2 owes Rs 2,965,000 each.
This debt spiral looks likely to worsen in 2016, with more than a quarter (28 per cent) of those with existing debt saying they owe more this year than last.
According to the city records, he owes $12,316,304.19, which started accumulating in July, 1978, and ranks as one of the top ten scofflaws.
Overall, 37 of the 226 members owe a total of EUR4,419, with the average debt working out at EUR127.56.
THE average Briton now owes more than pounds 42,000 through mortgages, credit cards, loans and other forms of debt, research showed today.
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.
A charge-off enables the firm that you owe to get a tax break by claiming a loss; it doesn't exonerate you from the debt.
Collectors cannot misrepresent the amount you owe, or falsely imply that they represent the government or work for a credit bureau.
Commenting on the greater number of properties that owe smaller amounts of money, Spinola observed that when water bills are added in, a lot of the smaller and individual owners are having greater difficulty staying current."
To extend this principle not just to the employee who has a debt to the Service, but also to IRS collection efforts with regard to third parties that owe money to the U.S.