Have circular bearings (3)
I believe the answer is:
own
'have' is the definition.
(to have something is to own it)
'circular bearings' is the wordplay.
'circular' becomes 'o' (I've seen this in other clues).
'bearings' becomes 'wn' (I can't justify this - if you can you should believe this answer much more).
'o'+'wn'='OWN'
Can you help me to learn more?
(Other definitions for own that I've seen before include "Have in one's possession" , "Allow" , "Personal; possess" , "Possess - recognise - admit" , "Acknowledge" .)