Possesses ball-points x 3 (4)
I believe the answer is:
owns
'possesses' is the definition.
('own' can be a synonym of 'possess')
'ball-points x 3' is the wordplay.
'ball' becomes 'o' (O looks like a ball).
'points' becomes 'wn'.
'x 3' becomes 's' (I can't justify this - if you can you should believe this answer much more).
'o'+'wn'+'s'='OWNS'
Can you help me to learn more?
(Other definitions for owns that I've seen before include "Belongs to" , "Has possession of by right" , "Confesses" , "Possesses" , "Admits possession" .)