Oxbow lake

An oxbow lake is a U shaped body of water that forms when a wide meander from the main stem of a river is cut off, creating a free-standing body of water. This landform is so named for its distinctive curved shape, resembling the bow pin of an oxbow. In Australia, an oxbow lake is known as a billabong, from the indigenous language Wiradjuri. In south Texas, oxbows left by the Rio Grande are called resacas.

Is this statement correct "a cutoff meander can become an oxbow lake"?
yes