From Longman Dictionary of Contemporary Englishowingow·ing /ˈəʊɪŋ $ ˈoʊ-/ adjective [not before noun] especially British EnglishBFL if money is owing, it has not yet been paid to the person who should receive it → outstanding You need to pay the amount owing, plus the interest.
Examples from the Corpus
owing• Farrington Stead dealt in gilt-edged securities, investments also offered by Barlow Clowes which went into liquidation in June 1988 owing £190million.• How much is still owing?• Most of the money has been repaid but there is still £5 owing.• When they collect you will get the 20 percent or so balance still owing.• The total amount owing at the end of ten years will be over $20,000.• That would leave her owing Hannah, but she could sort that out later, after they'd gone.• She found it most distasteful to think of him owing money to the bingo-playing woman in the basement.• For the man-about-town of the 1890s betraying concern at owing money to tradesmen was bourgeois, boring and absurd.From Longman Business Dictionaryowingow‧ing /ˈəʊɪŋˈoʊ-/ adjective [only after a noun] British EnglishACCOUNTINGFINANCE an amount of money owing has not been paid yetWe will send an estimate of the amount owing for the goods or services provided.The brewery settled the £149 debt owing to him. → compare outstanding 