owed ~ owned
“Owed” (verb — for the right pronunciation of owed, please click here) ~~~ owe – owed – owed – owing is ‘to have to pay something to somebody; to be grateful for something, like some help, to someone’,
He owed me some money, but died without repaying.
“Owned” (verb — for the right pronunciation of owned, please click here) ~~~ own – owned – owned is ‘to have something; to possess something or someone; to have something as property by rightful law’,
This man owned a large property when he was young, but now he owns nothing.
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