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English definition of “I owe you (one)”

I owe you (one)

informal
said to thank someone for helping you and as a way of saying that you will do something for them in the future: Thanks for the help, Bill - I owe you one.Relieved and thankful
(Definition of I owe you (one) from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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Translations of “I owe you (one)”

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