|1.||the act of possessing or state of being possessed: in possession of the crown|
|2.||anything that is owned or possessed|
|3.||(plural) wealth or property|
|4.||the state of being controlled or dominated by or as if by evil spirits|
|5.||the physical control or occupancy of land, property, etc, whether or not accompanied by ownership: to take possession of a house|
|6.||a territory subject to a foreign state or to a sovereign prince: colonial possessions|
|7.||sport control of the ball, puck, etc, as exercised by a player or team: he lost possession in his own half|
in law, the acquisition of either a considerable degree of physical control over a physical thing, such as land or chattel, or the legal right to control intangible property, such as a credit-with the definite intention of ownership. With respect to land and chattel, possession may well have started as a physical fact, but possession today is often an abstraction. A servant or an employee, for instance, may have custody of an object, but he does not have possession; his employer does, even though he may be thousands of miles from the object he owns. Furthermore, except in the most abstract way, it is not possible to speak of the possession of intangible property.
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