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1. Be obliged to pay or repay
    
2. Be indebted to, in an abstract or intellectual sense
   "This new theory owes much to Einstein's Relativity Theory"
    
3. Be in debt
   "She owes me $200"; "I still owe for the car"; "The thesis owes much to his adviser"

Sounds like: overseas, oves, ow

Derived forms: owes, owing, owed

Type of: be, build on, build upon, repose on, rest on

Encyclopedia: Owe, David