Somewhat common Videogame Slang. Means "To Own", which connotates victory on some level.
Dude, I Ownzors you!
by warbear2 November 12, 2003
Noun - Someone/thing that owns.
Holy shit! That ownzor just mauled the fuck outta him!
by Ragnarok February 24, 2004
The act of "owning", or being better at something than someone.
U have been OWNZORD!!
by wak March 26, 2003