Two verbs that look quite similar: to OWN and to OWE
to own is a synonym of 'to possess'. I own a car and a computer. The person who owns something is called an owner:
""Dog owners should train their dogs.""
Are you a home owner? Do you have to pay money to your bank to buy your home? If that's the case, then you OWE money to your bank. You owe when you have borrowed (emprunté) something that you must give back.
How much do I owe you? - Je vous dois combien?
An I.O.U. note is a piece of paper that shows you have a debt to someone and that you intend to pay them back(reconnaisssance de dette).
Other useful words:
a mortgage : prêt immobilier
to lend : prêter
to borrow: emprunter
interest rate: taux d'intérêt
a loan : un prêt
debt : dette