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by kgwgk 2928 days ago
Actually I was replying to your previous claim that "owe" "is used colloquially to mean currently in arrears/default". Colloquially "owe" means "in debt". According to the dictionary "to be under obligation to pay or repay". To what extent other liabilities (leases, pension fund obligations, whatever) can be assimilated to loans is a different question.

You're right that only WeWork appears in the news in these terms, but WeWork is an unusual case. I would be interested to know if there are other companies in a similar situation.

1 comments

Gotcha, sorry - I guess you're right, doesn't mean immediately due, or past due, I just don't think of leases as owing, just a commitment to pay, which might be splitting hairs.

In the linked article of this thread though, and a few others I've read specifically about WeWork, it feels like it is used to imply a currently due debt that they can't pay, mostly for dramatic effect I imagine.

Someone else had some comments in another part of this thread about other companies with large plant/equipment leases receiving similar commentary, such as expensive data centers.