NET

4 that each of you know how to possess his own body in holiness and honor,

Darby

4 that each of you know how to possess^D8801 his own vessel in sanctification^D8802 and honour,

Darby Bible Notes

possess - The Greek is not, I think, 'acquire,' but 'come into possession of,' the difference being great in moral things. What I possess myself of, I possess when the action is complete and permanent. Thus Luke 18.12; 21.19. You cannot say 'acquire your souls by patience.' 'Keep,' 'preserve,' is a kindred sense of the word. sanctification - Hagiasmos. See Note at Rom. 1.4.

KJV

4 That every one of you should know how to possess his vessel in sanctification and honour;