Owe/əʊ/ Definition 1 of 3Pro Tip 1/3Return Promises Use 'owe' when expressing the need to return a favor or keep a promise. Since you covered my shift, I owe you one. Pro Tip 2/3Emphasize Obligation 'Owe' highlights the obligation felt to repay others for their actions or gifts. You helped me move, so I owe you a drink. Pro Tip 3/3Not Monetary Only 'Owe' isn't limited to money; it can also refer to returning kindness or acts. You've been so generous, I owe you a huge thank you!