When you completely own or destroy somebody in any circumstance. The form of own-age can range from anything from answering a question before a completely random individual to killing an opponent in the heat of battle. But to do it in an ultramodern, advanced, or ahead of its time fashion. This is an idea, belief or belief system, or pattern of behavior that spreads throughout a culture either vertically by cultural inheritance (as by parents to children) or horizontally by cultural acquisition (as by peers, information media, and entertainment media) Usually done in a manner leaving the (owned) confused in their defeat.
Opposed to old school, meaning to school in a new way.