owning
v. A2 Elementary US //ˈoʊnɪŋ// UK //ˈəʊnɪŋ// own·ing
v. having something that belongs to you. It means you have the legal right to use it or keep it.
v. possessing something as property; having legal title or right to a thing.
Owning a car is very expensive in this city.
After years of renting small apartments, she finally experienced the pride of owning her own home.
The legal complexities of owning intellectual property differ significantly from those associated with physical assets, requiring specialized contracts to ensure full protection of one's creative work.
Usage
The verb is transitive and typically used in the continuous form only when emphasizing a process or state in informal contexts; otherwise, the simple form 'own' is preferred for possession.