Definition, Meaning & Synonyms
owe-money
verb
/oʊ ˈmʌni/
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Definition
To have a financial obligation to pay someone for goods or services received.
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Examples
- He owes money to the bank for his car loan.
- Many students owe money for their college tuition.
- She realized she would owe money after purchasing the new laptop on credit.
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Meaning
When you owe money, it means you are required to pay back an amount that you borrowed or agreed to pay for something that you have obtained.
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Synonyms
- debt
- indebted
- liability
- payable