The verb form of the word is "favor," which means to show approval, affection or support towards someone or something. When used as a past tense, it can mean that an action was done in the past and has since been completed. For example, if you say "I favored him yesterday" it would imply that you showed him some form of kindness or support on the previous day.
The adjective form is "favored," which means to have a preference towards something or someone. It can also mean to be in a more advantaged position than others, such as being the favorite child or having better opportunities due to circumstances beyond one's control. For example, if you say "she was favored by her parents" it would imply that she received more love and attention from them compared to other siblings.
In summary, the word "favored" can be used in different forms as a verb or an adjective, with each form carrying its unique meaning.