This reports who or what owns the policy resolution for this provider, per CucsPolicyPolicyOwner -- e.g. whether it's locally administered or controlled by UCS Central. For this Provider object specifically, this matters in multi-domain deployments because it tells you whether you can even edit this vCenter registration's policy locally or whether it's centrally managed and any local change will get overwritten. A policyOwner of 'policy' (local) versus 'pending-policy' (UCS Central controlled) changes whether an admin editing this provider in local UCS Manager will actually stick.