Having legal right to a property.

Use own in a sentence

We had thought that we should own the asset as it was expected to hold or raise in value going forward.

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You should always make sure that you are keeping any property you own in good standing so you can sell it if you need to.

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My boss very proudly came in this morning and announced that he had finally paid off his mortgage and now the bank didn't own any part of his house any more.

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