Owe

"Owe" refers to a situation where one person or entity has a legal or financial obligation to pay or deliver something to another. It often involves borrowed money, goods, or services that must be repaid or provided by a certain time. For example, if you borrow $100 from a friend, you owe them that amount. Owing indicates a debt or duty that needs to be fulfilled to settle the obligation. It is a common aspect of financial and contractual relationships, ensuring that commitments are honored and debts are repaid.