its own premises vs its owned premises

Both phrases are correct, but they have different meanings and usage. 'Its own premises' is the correct phrase when referring to the specific property or land owned by a business or organization. On the other hand, 'its owned premises' could be correct in a different context, such as describing the fact that the premises are owned by someone or something.

Last updated: March 30, 2024 • 1564 views

This phrase is correct and commonly used in English.

"its own premises"

This phrase is used to refer to the specific property or land owned by a business or organization.

Examples:

The company operates from its own premises.
Each department has its own premises within the building.

Show examples from the web [+]

From the facts set out in Section I..6 above, it is apparent that the NDLA does not have any employees nor does it have its own premises or infrastructure.
Pending that decision and in line with Article 2 3 of the Parliament and Council Regulation (EC) No 1406/2002 of 27 June 2002, the Commission had to set up the Agency provisionally in Brussels in its own premises.
Whilst the European Commission is responsible for guaranteeing security within its own premises, it has neither the prerogatives nor the responsibility for ensuring security in other EU institutions' buildings.
However, it has decided to construct its own premises.
owning land or buildings other than that used for its own premises;
It does not take into account at all the fact that the Commission already started administrative reform on its own premises in 2002 and its ongoing reform.
Within its own premises EU SSR Guinea-Bissau may make the arrangements necessary for the conveyance of mail addressed to and from EU SSR Guinea-Bissau and/or EU SSR Guinea-Bissau personnel.
In 2002 the ECB concluded an agreement with the City of Frankfurt to acquire a site on which to build its own premises; it has subsequently launched an international architectural competition to develop what will be the ECB's final site.
How often does the Commission organise meetings, either of its own staff or involving external organisations outside of its own premises?
The company has also seen various serious fires on its own premises, involving PVC cables stored in the open air, and in the processing sheds themselves.

Alternatives:

its premises
its property
its land

This phrase could be correct in a different context, such as describing the fact that the premises are owned by someone or something.

"its owned premises"

This phrase could be used to emphasize the ownership of the premises by a specific entity.

Show examples from the web [+]

In Greece, allegations of substandard workmanship regarding the reconstruction of the 'National Foundation for the Rehabilitation of the Disabled' in Athens and other similar EU-funded public projects involving the building or rebuilding of state-owned premises in Greece have come to public attention.
I understand these premises are owned by Laverty Holdings.
If required and available, premises owned by the Host Party shall be provided free of charge.
Centrifuging the honey using honey extractors (centrifugal - tangential or radial) is carried on in mobile workshops at the place of obtention or in fixed premises owned by beekeepers.
The computer system that a participant uses to access TARGET2 using Internet-based access shall be located in premises owned or leased by the participant.
engaging in international shipping service with its owned or operated vessels.
The Authority considered that the State was not merely selling land and buildings which it owned but its shares in a 100 % owned undertaking.
The State did not merely sell land and buildings which it owned, but its shares in a 100 %-owned undertaking which continues operations.
At year end it owned securities to the value of around 14 billion ISK. This represented approximately 20 % of the fund's total assets at that time.
One reason why Singapore has a well-funded government, despite low taxes, is that its successful policies caused the land and real estate it owned to explode in value, generating a huge revenue stream.
The Magnox Undertaking cannot therefore be interpreted as an advantage given to BNFL, and could be rightly included in the company's balance sheet as an asset it owned.
As the Iranian government found out when, through a series of front companies, it owned a building in the very heart of Manhattan, on Fifth Avenue, despite American sanctions.
According to the BdB, the Land of Schleswig-Holstein intended to transfer the real estate it owned to IB as a special-purpose reserve forming part of LSH's equity capital.
In return, the Madrid City Council undertook to transfer to Real Madrid an area of land of 5216 square metres it owned in front of Real Madrid's Bernabéu Stadium, on which Real Madrid intended to construct a shopping mall and a hotel.
The 1998 and 1999 annual reports of AESA and the companies it owned, state that the continuation of all the operations were dependent on the financial support of the respective shareholder, i.e. SEPI for AESA and AESA for the shipyards.
The Pestana Group was the leading Portuguese hotel group, a position which it still holds today, and it owned some 15 hotels in Portugal at the time of the request for aid.
Some of these settlements were located on valuable industrial or commercial sites where private owners wanted to regain control; others were on the premises of state-owned enterprises due to be privatised.
Therefore, the centres, which are owned by the providers, have no other use but to make available premises and services to users.
The reason for this exception is that it is normally unreasonable to expect a supplier to allow competing products to be sold from premises and land owned by the supplier without its permission.
As regards the transfer of the title to the stadium premises, the club underlines that only the land was transferred in 2003, as the club already owned the buildings and facilities.

Alternatives:

the premises it owns
the owned premises
the premises owned by it

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its own premises vs its owned premises

"its own premises"

"its owned premises"

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