Crossword Genius

Was a possessive type? (5)

Ross

I believe the answer is:

owned

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If this is the answer I cannot explain how the clue works.

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(Other definitions for owned that I've seen before include "Possessed; admitted" , "to oneself?" , "Acknowledged" , "made a confession" , "Had lawful title to" .)

I've seen this clue in The Irish News.
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