owed amount

USAGE SUMMARY

The phrase "owed amount" is correct and usable in written English. You can use it when referring to a sum of money that is due to be paid. For example, "The owed amount must be settled by the end of the month." Alternative expressions include "amount due" and "balance owed."

✓ Grammatically correct

News & Media

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

A look at her documents shows how quickly the owed amount can rise, thanks to fees and unpaid interest.

The New York Times

So when a bill collector tells them something like this, they might be more likely to believe it [and agree to pay the debt]." Bateman told me about a colleague who used a legal research database to track down addresses of next-of-kin, sent those relatives threatening letters about an owed amount, and then persuaded people there was a "moral obligation" to pay it.

Vice

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Mr. Paterson filed an amended return and paid the tax owed, amounting to a few hundred dollars, an aide said.

The New York Times

Money owed amounts to £118m, with the largest part due to Mr Tan, the accounts suggest.

BBC

When added together, the tax owed amounted to less than £1m.

BBC

Following their actions, more than 26,500 workers received the wages they were owed, amounting to £3.9m.

BBC

The first detailed the billed amount of $28.99, an allowed amount of $13.88, a coinsurance of $6.94, a "not covered" amount of $15.11, "what my plan paid" of $6.94, and "what I owed" amounting to $22.05.

Huffington Post

Today, the difference between what all California government agencies have set aside for pensions and what they will eventually owe amounts to $241 billion, according to the state controller.

Los Angeles Times

The family owed an amount that Mr. Cunningham would describe only as "in the five figures".

The New York Times

It said it was owed that amount because Dynegy had broken off its proposed merger without good reason.

The New York Times

In an interview, Mahmood Karzai said he had repaid all the money he originally owed, an amount he put at $5.3 million.

The New York Times

Expert writing Tips

Best practice

When writing about financial matters, use "owed amount" to clearly specify the exact sum of money that is due.

Common error

Be careful not to use "owing amount" as it's less common and slightly awkward. "Owed amount" is the more standard and widely accepted form.

Linguistic Context

The phrase "owed amount" functions as a noun phrase, referring to a specific sum of money that is due. It is used to identify the quantity of debt or financial obligation. The Ludwig AI confirms that this phrase is correct and usable in English.

Expression frequency: Rare

Frequent in

News & Media

100%

Academia

0%

Formal & Business

0%

Less common in

Wiki

0%

Science

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "owed amount" is a grammatically sound and semantically clear way to express the sum of money that is due. Though relatively uncommon, as indicated by its "Rare" frequency, it appears in reliable news sources like The New York Times and BBC. The Ludwig AI confirms its validity for use in written English. When using the term, ensure it accurately reflects the specific amount that needs to be paid and consider alternatives like "outstanding debt" or "balance due" for stylistic variation. Avoid the less common "owing amount".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

outstanding debt

Focuses on the debt that remains unpaid.

debt outstanding

Similar to "outstanding debt" but with a different word order.

balance due

Highlights the remaining balance that needs to be paid.

unpaid balance

Stresses the lack of payment on the current balance.

amount payable

Emphasizes the obligation to pay a specific sum.

sum due

A more concise way to refer to the amount that is owed.

liability

A broader term that includes any kind of financial obligation.

indebtedness

Formal way of referring to the state of owing money.

debt burden

Focuses on the negative impact of owing money.

financial obligation

Broad term indicating a financial responsibility.

FAQs

How can I use "owed amount" in a sentence?

You can use "owed amount" to clearly specify the sum of money that is due. For example, "The "total amount owed" must be settled by the end of the month".

What are some alternatives to "owed amount"?

You can use alternatives like "outstanding debt", "balance due", or "amount payable" depending on the context.

Is it correct to say "owing amount" instead of "owed amount"?

While "owing" can be used in other contexts related to debt, "owed amount" is the more standard and frequently used phrase to refer to a specific sum of money that is due.

What is the difference between "owed amount" and "total amount owed"?

"Owed amount" refers to a specific sum of money that is due, while "total amount owed" emphasizes the entirety of the debt.