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English definition of “own”

own

verb [T]
 
 
/əʊn/
to have something that legally belongs to you: He has owned the business since 1995. The group owns assets worth $620 million. This gave many people the opportunity to own their own home for the first time.
to accept responsibility for something such as an idea: For the reorganization to work, employees need to own the idea of change.
(Definition of own verb from the Cambridge Business English Dictionary © Cambridge University Press)
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