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1.
Complete annihilation. Has its origins in World War 2 after Coventry was almost completly destroyed by german bombs.
Wikipedia- "The devastation was so great that the word "Koventrieren"– to "Coventrate", or to annihilate or reduce to rubble – entered the German and English languages."
by DonFrye July 14, 2011
 
2.
The complete and utter destruction of a city by bombing attack with an excessive amount of bombs. Coined by Propaganda Minister Goebbels of the German Nazi Party during WW2 after a bombing attack which nearly levelled the entire city of Coventry in central England.
New Orleans was nearly Coventrated by Hurricane Katrina, but they managed to rebuild.
by d3utschland September 04, 2011