1:something you can give
2:something you can take
Pwnage is the quite hilarious and joyful event of being annihilated
or giving doom to another person, persons or non-person..Usually resulting in an after-death tea-bag, rape, or "thrown off a cliff" action
N00bish One-Dude did you totally see that pwnage??
N00bish Two- I wish I could, but your arse is bumping my facee