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 ?
Independent Oil Tools Holding owns the Stavanger-based oil production equipment rental and services company Independent Oil Tools ASA.
Pioneers International Bahrain, of which Pioneers Holding owns 25 percent, bought 245,000 shares of Cairo Housing, according to a statement by the company to the Egyptian Stock Exchange.
Heineken Holding owns more than half of Dutch brewer Heineken (AMS:HEIA).