own

²own

verb

Definition of OWN

transitive verb

1

a : to have or hold as property : possess b : to have power or mastery over <wanted to own his own life>

2

: to acknowledge to be true, valid, or as claimed : admit <own a debt>

intransitive verb

: to acknowledge something to be true, valid, or as claimed —used with to or up

— own·er \ˈō-nər\ noun

Examples of OWN

1. We hope to someday own our own home.
2. She drives a red truck that was originally owned by her grandfather.
3. He owns the rights to the band's music.
4. The couple owns and operates the business.
5. After everyone else denied any responsibility, he owned that he was at fault.

First Known Use of OWN

before 12th century

Related to OWN

Synonyms: command, enjoy, hold, have, possess, retain

Antonyms: lack, want

Related Words: keep, reserve, withhold; bear, carry; boast, show off, sport

Near Antonyms: abandon, cede, disclaim, disown, hand over, relinquish, renounce, surrender, yield; discard, dump; decline, reject, repudiate, spurn; need, require

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See Synonym Discussion at acknowledge

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer