Another version of the word "Owned". Much like "pwned" but uaually pronounced without the "p" like "ooond". Usually referred in games when one has achieved something great. It is one of the latest "ownage" words out there during this time period.
Somone gets shot in the face in a game.
Player: "Ewned!!!"
by BlueStreak22 April 08, 2007

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