Also means
property
Usage Note
Besitz is an uncountable abstract noun for ownership or property, from besitzen ('to own'). To take possession is in Besitz nehmen. It is more about the fact of owning than the concrete object, which is Eigentum in legal contexts.
Examples
"Das Haus ist in ihrem Besitz."
Natural Translation
The house is in her possession.
Literal Translation
The house is in her possession.
Related Words
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