Meaning of the word owed in English

What does owed mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

owed

US /oʊd/
UK /əʊd/

Past Tense

1.

past tense of 'owe', meaning to be under an obligation to pay or repay (money, goods, or services) to someone in return for something received

Example:
He still owed me twenty dollars from last week.
The company owed millions to its creditors.
2.

past tense of 'owe', meaning to have a duty to show (gratitude, respect, etc.) to someone

Example:
She owed him an apology for her rude behavior.
We owed our success to their unwavering support.