verb (v)

• have as an attribute, knowledge, or skill(verb.stative)

  Example:
  He possesses great knowledge about the Middle East.
  

  source: wordnet30
• have ownership or possession of(verb.possession)

  Synonym:
  have, own
  

  source: wordnet30
• enter into and control, as of emotions or ideas(verb.stative)

  Example:
  What possessed you to buy this house?.
  A terrible rage possessed her.
  

  source: wordnet30
• To occupy in person; to hold or actually have in one's own keeping; to have and to hold.(verb)

  source: webster1913