mead / meed are similar-sounding terms with different meanings (referred to as homophones). To better understand the differences, see below for definitions, pronunciation guides, and example sentences using each term. 👇
mead: (noun) United States anthropologist noted for her claims about adolescence and sexual behavior in Polynesian cultures (1901-1978). (noun) United States philosopher of pragmatism (1863-1931). (noun) made of fermented honey and water.
meed: (noun) a fitting reward.
mead: m·IY·d
meed: NA
(Examples are Wikipedia snippets under the CC ShareAlike 3.0 license. Definitions drawn from WordNet.)