OWE, V. To Have (and To Hold) A Debt. The Word Formerly Signified Not Indebtedness, But Possessio

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OWE, v. To have (and to hold) a debt. The word formerly signified
not indebtedness, but possession; it meant "own," and in the minds of
debtors there is still a good deal of confusion between assets and
liabilities.
-- Ambrose Bierce, "The Devil's Dictionary"

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