grammaticality - Should possessive 's be used when there is no possession in the strict ('this is John's property') sense involved?


I was trying to write “I was using the lecture's flow of logic”, as to say that I was following the logic that was in the lecture. But I am corrected by a spell-checker.


I tried to google it, but this leads me to another much more silly question. How do you call that “..'s” that designates ownership / association? I really did try to google it, but since “'s” is such a bad search term, and any formation for "What do you call that 's you add to designate ownership" I could think of, yielded anything but the answer I was looking for.


So my question is twofold.




  1. What is the name of that 's thing? I guess it is not the "ownership 's" :) Is it perhaps called officially the ‘possessive s’?




  2. Is saying "lecture's" (pertaining to the lecture) valid English grammar? Or is it valid grammar but people just don't say it this way?






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