Own

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Own

To have the exclusive right to use and abuse property within the limits of the law. For example, if one owns land, the owner may use it to build a house, start a farm or dump toxic waste, subject to zoning, environmental and other applicable laws. The ability of an individual to own something is the foundation of the free market system.
References in periodicals archive ?
1298(a)(3) treats a partner as owning stock owned directly or indirectly by the partnership, the stock owned by the partnership must first be determined.
US1 is accordingly treated as owning an interest in FC1, a PFIC, under Sec.
Those SMBs owning/planning Linux desktops or servers have twice the annual revenue as those not owning or planning Linux in the coming year.
Almost 46 percent say that having the chance to "do what they want to do" is the biggest benefit to owning your own business.
Under the constructive ownership rules, Martina is treated as owning an additional 50% of Land Racket - the 37.
318(a)(4) can treat a nonshareholder as owning shares or treat a shareholder as owning more shares than he actually owns.