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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)

References in periodicals archive ?

But the biggest creditor, according to paperwork sent to individuals and companies owed money by Furnace Farm Ltd, is owner-director Michael McClaren, who is listed as being owed more than PS9.6m by the company.

Hospice is owed more than PS1,000 by Bodnant; FOOD CENTRE FIRM'S CREDITORS INCLUDE A SCHOOL ANDTAXMAN

A list of creditors shows that a company called Insight in Infrastructure is owed the highest amount at just under PS6.7m.

Firm behind Circuit of Wales is in debt to the tune of PS31m

The creditors list shows the largest amount - PS270,000 - was owed to Iain Kerr, the company's only director, on August 29, when the document was prepared.

What's the story with Hope & Glory? COMPANY BEHIND DISASTROUS FESTIVAL COLLAPSED OWING ALMOST PS900k

? Busy Bee Nursery Newport-on-Tay, Fife, Trading as Little Beehive Nursery, Fife, owed PS9065 to seven workers.

THE 23 SCOTS EMPLOYERS ON HMRC HITLIST

"Around BD9m is owed from cancelled accounts, BD36.5m are actual payments owed from the first three months of the year, while BD2.7m was owed by needy families, who we instructed not to cut off power to," said Dr Mirza.

BD127m unpaid bills

Then, in total, the Indian government owed $1.75 trillion, representing a debt-to-GDP ratio of 68.1 per cent.

How global debt hits your pocket

And Simon Rogan is owed PS3,048 for a private dinner.

Celebs owed thousands by TV restaurant

* Made a one-year loan of $38,500 to Smiley on July 30, 2009 Grew to $264,847 and term extended to three years; $263,869 owed when the loan was called March 19

Details of delinquent Smiley loans: ten banks that loaned money to Dennis H. Smiley Jr. included details about their claims in court filings. Total outstanding on the 20 loans is nearly $2 million

"You can send the bailiffs around and take the money out of the cash register, which you can do, or you can seek to divert money owed to that business." If the debt is more than PS750 a windingup order can be issued.

EXPLOITED ILLEGAL WORKERS - NOW FLOUTING SENTENCE

Much of the debt, which totals pounds 2,053,504.78, was owed to Bridgend-based companies as well as anumberinCardiff, a fewin NorthWalesand several in England.

Debt-ridden Crusaders 'owed more than pounds 2m'

If you miss a payment or have outstanding unpaid taxes in a future year, you will be in default and the IRS could take action to collect the entire amount owed.

Getting out of an IRS mess

They include electrical suppliers Dron and Dickinson, owed pounds 78,791 for supplying and installing electrical parts, and Pinkney Building Contractors, of Helme Park, Crook, which is owed pounds 158,000.