Possess or hold (3)
I believe the answer is:
own
This clue is a double definition.
'possess' is the first definition.
(I know that possess can be written as own)
'hold' is the second definition.
(I've seen this in another clue)
(Other definitions for own that I've seen before include "Acknowledge" , "Keep" , "Have in one's possession" , "Possess or confess" , "Personal; possess" .)