owe to

owe (something) to (someone or something)

1. To be obliged to give or pay something back to someone or something else. I owe a new bike to David because I got his run over by a street cleaner. We owe about $1,500 to the bank for the loan we used to pay for our wedding.
2. To attribute one's possession or acquisition of something to someone or something else. I truly owe my happiness to you—I love you so much. The country owes its wealth and global influence to the vast mineral reserves buried in its hills.
See also: owe

owe to

v.
1. To be in debt by some amount to someone: I owe $100 to my brother.
2. To have something because of something or someone else: The family owed its wealth to oil. I owe my rosy complexion to my mother.
See also: owe
References in classic literature ?
And are enemies also to receive what we owe to them?
I mean no more than that I partly owe to you my existence during great part of the time which I have employed in composing it: another matter which it may be necessary to remind you of; since there are certain actions of which you are apt to be extremely forgetful; but of these I hope I shall always have a better memory than yourself.
A charge-off enables the firm that you owe to get a tax break by claiming a loss; it doesn't exonerate you from the debt.