Webster's Revised Unabridged Dictionary · 1913

Owing

Owing , past participle and adjective

[Used in a passive sense for owed (Anglo-Saxon āgen. See Own).]

1.
Had or held under obligation of paying; due.
There is more owing her than is paid. — Shakespeare
2.
Had or experienced as a consequence, result, issue, etc.; ascribable; -- with to; as, misfortunes are often owing to vices; his failure was owing to speculations.