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To be defeated in a computer game, causing the winner's ego to inflate like a party balloon as if such a victory has any tangible significance outside that of his stinking socks-infested dorm room. These people will frequently create animated GIFs of violent sports events where a player gets clobbered by his opponent, complete with blinking neon "PWN3D!" captions, and post them on their blogs to indicate that they should not be messed with.
Person A: Dude, totally like you sooo suck so much, I PWNZ0RED J00!!!!11!!11

Person B: It's a god damned game of rock/paper/scissors, asshole. Please die.
Owned by The 2-Belo October 13, 2003
Owned is when you get humiliated by someone.
man : i decided i love you and i wanna marry you more then anything.
women: nop, looser.
me: owned!
owned by MisterFatass April 3, 2009
When someone gets told or gets put in their place.
It can also mean when someone is defeated
Girl that girl just called me out...Damn I got owned
Owned by Yorubagirl February 4, 2010
- To get busted by someone.
- To get caught red handed.
- To get beat down physically or verbally.
- To get beat at a game of some kind.
- To get mocked out so hard, that you can never show your face in public ever again, leaving you with only one means of socialization: the internet.
MAN!!!! You got fuckin' OWNED, biotch!
Owned by goldtoofblingbling November 6, 2004
(v) To be outplayed, outfought, out-talked, etc. by another person, esp. one whom is considered your nemesis.
After the 2008 SuperBowl, Tom Brady is now owned by the Manning family. He is the Manning family's bitch.
owned by WigOnAStick August 19, 2008
To be placed under the dominion of another.
Excuse me, sir, but I believe that you just got owned.
Owned by KingOfIthaca April 30, 2007