Own
Part of speech: verb
Definition: To have rightful possession of (property, goods or capital); "To possess by right; to have the right of property in; to have the legal right or rightful title to." (Ref 1) To claim as one's own; to answer to. To defeat or embarrass; to overwhelm. To virtually or figuratively enslave. To illicitly obtain "super-user" or "root" access into a computer system thereby having access to all of the user files on that system; pwn. To admit to be true; concede, grant, allow, acknowledge, confess; not to deny; to admit to be true. (Ref 2) To acknowledge or admit the possession or ownership of. (Ref 3) To recognise, to acknowledge responsibility for, to admit to be true.
Part of speech: adjective
Definition: Belonging to; possessed; proper to; peculiar, domestic; not foreign;
Example sentence: Let us live for the beauty of our own reality.
Possess
Part of speech: verb
Definition: To have; to have ownership of.To take control of someone's body or mind, especially in a supernatural manner.
Example sentence: All the knowledge I possess everyone else can acquire, but my heart is all my own.