Describing ontological terms in WordNet

If I am constructing an ontology, would it be appropriate to describe all
of my terms in terms of wordnet?

e.g (the top circled part).:
http://adistributedeconomy.blogspot.com/2014/10/select-partof-ontology-triples.html


context:

which is the w3c part-of relations car example:

http://adistributedeconomy.blogspot.com/2014/09/simple-part-whole-class-diagram.html
(in protege)

http://adistributedeconomy.blogspot.com/2014/09/simple-part-whole-relations-diagram.html
(by hand)

which is a small part of :

http://adistributedeconomy.blogspot.com/2014/09/rea-model-applied-to-part-whole.html

where the rea ontology is described as:

http://adistributedeconomy.blogspot.com/2014/09/figuring-out-rea.html


-Brent Shambaugh

Website: bshambaugh.org