1. Act of being superior to other person; dominating or humiliating an opponent
2. Being excellent or perfect in owning
Commonly used for Internet video games to tease defeated enemy. Typo for "own", therefore, it is a slang for own. Usually aimed at noobs. Many, many noobs.
1. "Dude, you just got pwned by the doctor. Dr. Doctor"
2. "Shut up you nooby noob. I PWNED YOU IN THAT GAME."
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