1 definition by olympics2010

-A phrase used to describe an action done by an individual or a group of individuals in which the end result (usually hoped to involve success) is utter failure and embarrassment.

-A sarcastic statement to denote the attempted, but failed, endeavor for victory.
Bob: Hey, have you caught the latest on the 2010 Winter Olympics and how the Canadians still can't win on their home turf?

John: Yeah, Canada seems to Own the Podium this year, huh? What tools.
by olympics2010 February 17, 2010
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