Yes, owing is in the scrabble dictionary

...and is worth 11 points by itself.

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Owing Definition

adjective

Still to be paid; due.
from The American Heritage Dictionary of the English Language, 4th Edition
Due to be paid .
from Free Scrabble Dictionary
(of money) yet to be paid.
from Free Scrabble Dictionary

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Top Words by points

Points

owing

9

2 letter words with OWING

Points

go

3

wo

5

ow

5

on

2

oi

2

no

2

in

2

gi

3

3 letter words with OWING

Points

ion

3

nog

4

now

6

gin

4

own

6

wig

7

win

6

won

6

4 letter words with OWING

Points

gown

8

wing

8

wino

7

5 letter words with OWING

Points

owing

9

Found 20 words in 0.15693 seconds