Cryptic crossword clue
Life preserver we have an obligation to offer 3

The most common and most likely answer to this crossword clue is the 3 letter word OWE

O
W
E


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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does OWE mean?

OWE verb
  1. To be under an obligation to give something back to someone or to perform some action for someone.
  2. To have debt; to be in debt.

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