noun

1. Control or occupancy of something for which one does not necessarily have private property rights.

2. Something that is owned.

   “I would gladly give all of my worldly possessions just to be able to do that.”

3. Ownership; taking, holding, keeping something as one's own.

   “I'm in possession of the car.”

Synonyms: owndom, retention, ight

verb

1. To invest with property.