verb- Full spelling
of "pwn" an internet term
(which has migrated
in some cases to real life) referencing humiliating defeat. Such defeats usually come due to a lack of skill of the pwn'd when challenging the pwn'er.
The use of the word references the fact The one who was pawned
was so utterly humiliated by the pawner that the pawned
belongs to the pawner from now on. The Pawner however, esteems them of no worth and instead chooses
to sell them off. Thus the defeated has been "pwn'ed"