👉 In the context of economics and finance, "owe" refers to a financial obligation. It is typically related to a debt or loan that needs to be repaid or settled. This can include interest, principal, fees, or penalties associated with a loan or credit card. For example, if you owe money to someone for goods or services, it means that you have agreed to pay them back in the future, and they are required to repay you at some point. If you don't pay your
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