1. has something as property; possesses legally
Usage: third person singular present of ‘own’
2. admits or acknowledges something, especially a mistake or fault
Usage: third person singular present of ‘own’
3. dominates or defeats completely
Usage: informal; third person singular present of ‘own’

Examples

• She owns three houses in the city.
• The company owns all the equipment in the factory.
• He finally owns his mistake and apologizes.
• The team owns up to their poor performance.
• That player owns the basketball court.
• The chess master owns every opponent he faces.