I owe you

Informal debt marker

I owe you is a phrase acknowledging a debt or obligation to someone, whether financial or social.

It often appears after receiving a favor: Thanks for covering my shift—I owe you.

The phrase can be playful or serious depending on context.

Written as IOU, it becomes a noun for an informal written promise to repay: He left an IOU on the kitchen counter.

Opposites
debt direction

I owe youyou owe me

Favor requires future repayment

accounts receivable · receivable

obligation status

I owe youreceipt

Written payment acknowledgment

settled · all square · square · even steven · even

formality of agreement

I owe youformal contract

Legally enforceable written agreement

promissory note · mortgage · binding agreement · legal agreement · legal instrument

Family

owe, you, owed, owes, your, yours

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G