What is Owe ?
Owe is (verb) 1. to be due to pay someone money He still owes me the £50 he borrowed last month. 2. to owe something to something to have something because of something else He owes his good health to taking a lot of exercise. 3. to feel that something should be done He owes her an apology. I owe my sister a letter.
source: Easier English, Student Dictionary Upper Intermediate Level