Simple past tense and past participle of owe.(verb)
That owes.(adjective)
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Use "owed" in a sentence
"It was what might be designated as a noble figure; but the term owed its appropriateness partly to his refined and graceful bearing."
"She also agreed to reopen talks on settling Cambodian debts to the United States of $445 million owed from the 1970s."
"After numerous calls to Wells Fargo attempting to gather information on why we were refused, we obtained it and promptly faxed in the missing document and were told several times that in these cases, the mortgage balance owed is put on the back of your mortgage and payments resume once again."