This may be quite dumb question, but I wanted to be 100% sure.

I see that some games on other people's wishlists are marked as "owned" Do I understand correctly, that it only means, that I own this game, and not the person who's wishlist I'm searching?

I mean, it's kinda obvious, but at the same time a bit confusing (not sure why this is marked, for me important thing is if the person has/doesn't have the game, not me).