possession - Vocabulary

Definition

Possession is when you have or own something, like a book or a house. It's something that belongs to you and it's legally protected.

Examples in Different Contexts

The factory equipment became our possession after the final payment was made to the supplier.

Practice Scenarios

Tech

Scenario:

We have received the license for the new collaborative software tool. It’s time to start the staff training.

Response:

I agree, the training will help us utilize the new software we have possession of to its full potential.

Creative

Scenario:

Protection of intellectual property is a key concern for our design team. It's important we handle copyright issues thoroughly.

Response:

Absolutely! Ensuring the possession and proper use of our copyright material is a must.