The incorrect way to pronounce "pwned". The actual way to pronounce it is "pawned", as the O is being REPLACED by the P, as opposed to being latched on to the front of the word.
It derives from being “owned” in an online FPS game, like DOOM or QUAKE.
If someone frags you, esp. quickly, they consider you “owned”. If they type “owned” in the text message box too quickly (because they’re too busy shooting stuff), they hit the “p” key instead of the “o” key, because those keys are spatially local, and they end up typing “pwned”. Eventually, “pwned” became more popular to type than “owned”.
1. Coming from owned.
2. Owning, beating, or defeating one, commonly in a video game.
3. Beating someone beyond shame.
4. Killing, or fragging someone.