Meaning of “I owe you (one)” in the English Dictionary

british dictionary

"I owe you (one)" in British English

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I owe you (one)


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.

(Definition of “I owe you (one)” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)