Owed
Part of speech: verb
Definition: To be under an obligation to give something back to someone or to perform some action for someone.
Part of speech: adjective
Definition: That owes.
Example sentence: There's more evidence of voter fraud in the 2020 election than there ever was of Russia collusion, so America is owed a legal examination of the election irregularities alleged by the Trump campaign.
Owing
Part of speech: adjective
Definition: Still to be paid; owed as a debt.
Part of speech: verb
Definition: To be under an obligation to give something back to someone or to perform some action for someone.
Example sentence: He had no failings which were not owing to a noble cause; to an ardent, generous, perhaps an immoderate passion for fame; a passion which is the instinct of all great souls.