Possesive and Associative Statements

In many phrases, Statements such as "My friend", "My second Home", "or "My money" may be interpreted in 1 of 2 ways: [1] Possessively: Usually only updates use this type of terminology. The statement "My friend"; for example, is defined as an owned friend. [2] Associatively: Usually, only outdates use this terminology. The statement "My friend"; for example, is defined as an association to the person speaking.