Own(redirected from owning)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.
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.