The term 'POSSESSED' can be broken down into three words: 'HAD', 'POSSESS', and 'ED'. The first word, 'HAD', is a verb meaning to own or POSSESS something. The second word, 'POSSESS', is a verb meaning to have control over something. The third word, 'ED', is a past tense suffix used to indicate that an action has been completed. Together, these three words form the term 'POSSESSED', which means to have owned or had control over something in the past.