A2 the one(s) belonging to or connected with the person who is speaking and one or more other people:
Which table is ours?
He's a cousin of ours.
More examples
- Their economy has expanded enormously, while ours, by/in contrast, has declined.
- Their results dovetail nicely with ours.
- There were mutters that other departments received more money than ours.
- Bob's tickets cost much less than ours - I think we've been ripped off.
- The house next to ours was struck by a bolt of lightning.