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"Owe" is a verb that means to be under obligation to pay or repay money to someone or to have a duty to give something to someone. It is commonly used in financial contexts, such as when discussing debts or loans, as well as in social situations to describe feelings of gratitude or indebtedness. For example, one might say, "I owe you $50" or "I owe you a favor." The term emphasizes the responsibility to fulfill an obligation, whether financial or personal.

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1mo ago

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Does debit on your british gas bill mean you owe them money?

Yes. Credit means that you have overpaid and they owe you money.


What word rhymes with owe that means toss?

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It means that you owe money


What does it mean when a credit card company charges your account off?

that probably means you've used up all the money on your account. or your in the negative, which means you owe the bank money


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It means you owe more than the car is worth. The term upside down is often used as well.


I owe comany for supplies and they filed bankruptcy Do you still have to pay?

Absolutely. Their bankruptcy only means they may get relief from paying their debts. It doesn't change your obligations at all. (if anything, it means it's harder for you to avoid them, because now, others are interested in making sure they get what you owe). In fact, all that companys assets, and your account receivable is one, will be used to pay what they owe...and the court will make sure all of those assets that can be collected are, and are used for that purpose.


What is the conjugation for the Latin word 'debebis'?

The Latin word 'debebis' is the second person singular of the future indicative tense. It comes from the infinitive 'debere', which means to 'owe'. The conjugation of the verb 'debere' in the future indicative tense is as follows: debebo, as '[I] will owe'; debebis, as '[you] will owe'; debebit, as '[he/she/it] will owe'; debebimus, as '[we] will owe'; debebitis, as '[you all] will owe'; and debebunt, as '[they] will owe'.


What does 68 mean?

means you go down on me and I owe you one.


What does the Latin word debes mean?

Debes means "to owe".


You owe money to a bankrupt company do you still have to pay the debt?

Absolutely.Their bankruptcy only means they may get relief from paying their debts. It doesn't change your obligations at all. (If anything, it means it's harder for you to avoid them, because now, others - includinf the Court) are interested in making sure they get what you owe).In fact, all that companys assets, (and your account receivable is one), will be used to pay what they owe...and the court will make sure all of those assets that can be collected are, and are used for that purpose.


What does the U stand for in abbreviation IOU?

The abbreviation IOU stands for I owe you. This could be a monetary or non-monetary debt owed by a person. The IOU could have the creditor mentioned and the financial amount or item that is owed.


What does I owe you some debit mean?

"I owe you some debit" is incorrect phrasing. It seems like a mix-up of two different concepts. "I owe you" means you need to pay back money you borrowed, while "debit" refers to a transaction that takes money out of an account. The correct phrase may be "I owe you a debt."