Owe it legal definition of owe it
owe (redirected from owe it)
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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)
oweverb 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
We owe it
to the legacy of a past which introduced the world of nature to millions of campers.
You owe it
to yourself to get on - and then you'll owe it
to your bookie.
But if you are one of those customers struggling to pay what you owe it
's better to ditch your card before it ditches you.