You need to read a bit further down, faggot.
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You own all of the content and information you post on Facebook, and you can control how it is shared through your privacy and application settings.
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Oh yeah, you are right f3lix. Hmm, but wait, what's that?
In addition:
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For content that is covered by intellectual property rights, like photos and videos ("IP content"), you specifically give us the following permission, subject to your privacy and application settings: you grant us a non-exclusive, transferable, sub-licensable, royalty-free, worldwide license to use any IP content that you post on or in connection with Facebook ("IP License"). This IP License ends when you delete your IP content or your account unless your content has been shared with others, and they have not deleted it.
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So, they don't own your photos, but they can do whatever the fuck they want with them. What's another word for that? Oh yeah, ownership.