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What does owned mean?

Looking for the meaning or definition of the word owned? Here's what it means.

Verb
  1. simple past tense and past participle of own
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Examples
He owned that, if the Test Act were repealed, the Protestants were entitled to some equivalent.
The merchants who owned the goods claimed that the King of Almain was the lord of the town, and the Bishop could not do justice in the matter.
After everyone else denied any responsibility, he owned that he was at fault.
The Isle was owned by a Norman family until 1293 and was earlier a kingdom in its own right.
Beach huts, owned or leased, are not habitable but can be used as a shelter and changing room on the beach.
Few properties are privately owned, with many units being let by the Duchy of Cornwall, the council and a few by housing associations.

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