Possess
Definition 1 of 3
Pro Tip 1/3
Emotional Objects
People often combine 'possess' with objects they are emotionally attached to, showing importance. He possesses his grandfather's watch.
Pro Tip 2/3
Exclusivity
Using 'possess' can indicate something unique or rare that someone has, not just common ownership. She possesses a rare talent for singing.
Pro Tip 3/3
Legal Ownership
Often used in formal situations like legal context to mean legal ownership or entitlement. The firm possesses the exclusive rights to the trademark.