Owe is defined as to have a debt to pay or to feel the need to do something.(verb)
See owe in Webster's New World College Dictionary
Origin: ME owen < OE agan, to own, possess, have, akin to Goth aigan, OHG eigan < IE base *ēik-, to have as one's own, be capable (of) > Sans *īśē, (he) possesses
See owe in American Heritage Dictionary 4
verb owed owed, ow·ing, owes verb, transitive
Origin: Middle English owen
Origin: , from Old English āgan, to possess; see aik- in Indo-European roots.
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