Explanation

Quick Answer

When used with lo, possessive pronouns like míoand suyorefer to abstract concepts and ideas may be translated as what is mine, what is yours, what is his, what is hers, what is ours, or what is theirs, etc.

Using Lo with Possessive Pronouns

To refer to an abstract concept with a lo phrase, use lowith a long-form possessive adjective.

Lo Plus Pronoun

SpanishEnglish
lo míowhat is mine
lo tuyowhat is yours
lo nuestrowhat is ours
lo vuestrowhat is yours
lo suyowhat is his / what is hers / what is yours (formal), what is theirs, what is yours (plural)
examples
Lo mío es tuyo.
What's mine is yours.
Pablo quiere lo suyo.
Pablo wants what is his.
Lo nuestro es perfecto.
What we have is perfect.
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