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Meaning Of Owe
v.
To possess; to have, as the rightful owner; to own.
v.
To have or possess, as something derived or bestowed; to be
obliged to ascribe (something to some source); to be indebted or
obliged for; as, he owed his wealth to his father; he owed his victory
to his lieutenants.
v.
Hence: To have or be under an obigation to restore, pay, or
render (something) in return or compensation for something received; to
be indebted in the sum of; as, the subject owes allegiance; the
fortunate owe assistance to the unfortunate.
v.
To have an obligation to (some one) on account of something
done or received; to be indebted to; as, to iwe the grocer for
supplies, or a laborer for services.