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The reply of someone who has just been owned by owning the other person. The comeback to being owned by some else.

Steps to dissownage
1. owned in any form
2. Comeback by person that was owned
3. dissowned
Stevie: OOOHHH, You have just been pizzowned Parker!
(Parker slaps Stevie in the face)
Parker: Well i just dissowned you loser.
by sk8bomb1067 May 28, 2005