LoginPossess vs. Own
The choice between 'possess' and 'own' depends on the context and the type of possession being described. 'Possess' emphasizes the presence or possession of a quality or attribute, while 'own' emphasizes legal ownership and a stronger sense of attachment and responsibility.
Difference in Usage
'Own' is used more commonly with tangible items such as property, vehicles, and businesses, and indicates exclusive legal ownership of such items. 'Possess', on the other hand, is used more commonly with intangible items such as skills, qualities, and attributes. For example:
I own a small business.
(Not 'I possess a small business')
I possess some skills in coding.
You can't 'own' skills as if you have bought them, you 'possess' them.
The company owns several factories in different countries.
The company possesses a large portfolio of patents.
'Possess' can also be used with tangible items, but it does not convey the same level of right and control over an item as 'own' does. It can indicate utilization or exploitation of something without the strong legal connotations of 'own'. Pay attention to the examples:
The museum possesses an extensive collection of ancient artifacts.
Here, the museum does not 'own' the ancient artefacts, rather, it has them at its disposal and offers them as exhibit.
The university possesses a state-of-the-art research facility.
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