Closet is related to Dress. Dress is the opposite of Suit. Suit is related to Clothing. Clothing is related to Watch. 
Own is related to Admit. Admit is a synonym of Accommodate. Accommodate is a synonym of Hold. Bag can be used for Hold. 
Closet <--RelatedTo--> Dress <--Antonym--> Suit <--RelatedTo--> Clothing <--RelatedTo--> Watch 
Own <--RelatedTo--> Admit <--Synonym--> Accommodate <--Synonym--> Hold <--UsedFor-- Bag 