"They're", "their" and "there" are three words that are often used incorrectly. "They're" is simply the contracted form of "they are". "Their" is a possessive and indicates ownership of something. "There" indicates a place. Due to the Internet and instant messaging, the three words have been icreasingly used incorrectly. However, if you'd like to use them correctly, you should keep their meanings in mind. When trying to decide which word to use remember that "they're" = they are, "their" = ownership and "there" = place.
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