1. to be required to pay or repay money to someone
2. to be obligated to give or do something for someone because of their help or kindness
3. to have something as a result of someone or something else

Examples

• I owe my brother twenty dollars.
• She owes the bank thousands in student loans.
• We owe our parents a debt of gratitude.
• I owe you an apology for being late.
• He owes his success to hard work and determination.
• The team owes their victory to excellent teamwork.
• You owe it to yourself to take a vacation.