English · Work & Business
/əʊ/
[/əʊ/]
need to pay back
To be required to pay money back to someone or to be in debt to them.
I still owe you five pounds.
I still owe you five pounds.
From Old English 'agan' (to own, have, owe).
Common in money conversations and the phrase 'I owe you' (IOU).