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1. ownage time
1. An establishing of dominance over a situation at a predetermined time.
2. A situation in which ownage is occuring.
1. "If she comes back up here talking shit, it's ownage time"
2. Guy 1: "That guy is chugging two beers and smoking a cigarette at the same time!"
Guy 2: "That's ownage time!"
2. Ownage Masta
An Ownage Masta is a person who constantly owns others.
Ownage Masta is also said when someone owns someone else, then they can declare, "Ownage Masta!"
See ownage
Bob and Fred are playing Halo.
Bob snipes Fred from a super far distance.
Bob says, "Ownage Masta!"
3. ownage-ing
Slang past tense of the verb/noun 'owning'.

Commonly used by a nongamer in ridicule of a videogame junkie, it has also been historically a mispronunciation of the word 'ownage' by uninformed and/or overeager people.
Person One: Dude, that big guy kicked your butt at Dance Dance Revolution!

Person Two: Shut your face, nowbee! I can beat him.

Person One: HAHAAHA! You felt the ownage-ing!
4. ownage juice
A tall cold cup of ownage that you are served after you just got owned in either a FPS, such as Battlefield 2, or a MMORPG, such as Guild Wars. Most likely screamed over Teamspeak.
After person two kills person one.
Person1:Shit,man, that was some serious pwnage right there.
Person2:OWNAGE JUICE
5. captain ownage
The Lord, King, God, TiTan, Master, ect.. of all ownage and pre-ownage(pwnage)on online multiplayer games that involve severly deafeating a human player to the degree that they should be embarrased, angry, or emotionally destroyed,or in some cases suicidal. Some of these games include: Halo 2, World of Warcraft, Diablo 2, and StarWars Battlefront 2 just to name a few. Captain Ownage is known as someone that ALL human and CPU players fear with there life and know not to fuck with because the player will get Obliterated(delete, rub off, erase, reduce to nothingness)or otherwise owned! and sometimes pwned! He is also known as sort of the legend of all gamers alike. No one can touch his skills and no one will ever defeat him, he is your new god. Many will try to talk shit and many will try...but, many(I mean ALL) will die. All noobs will bow down and suck on his weiner and want to know his secrets, but he won't tell, he'll just own them for their curiousity.
Me...God,....whoever you think fits the description? Ex. OMG i just completely raped that dude did you see his health drop
? what a nub...captain ownage!

usage of the word captain ownage is noobs reffering to him as their god...sort of like a exclamation or expression after owning someone.
6. Ownage Milk
A dazzling F2P PKer of Runescape. Astonishing skill and titanic stats make Ownage Milk a truely ravishing PKer. This guy OWNS!
I saw Ownage Milk KOing defence nubs in Mid BH yesterday. Only seconds later he KO'd me aswell...
7. Ownage
"I want ownage on that pic"
the "owning pic kind of".. ownage
mostly only girls do this on bebo or myspace.. facebook. whatever
if they comment saying "ownage" or "i want ownage" it means they own the pic.
it doesn't really do anything but who caresssss
girl 1: aah babe that pics gorgeous! i want ownage!/i own!
girl 2: sure you can have ownage (:
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