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The term "Newsted'd" originaly derived from the 2nd bass player for metallica Jason Newsted, and it can mean many things.

1) To replace something / someone and have it never live up to the expectations of the original thing / person.

2) To be a bass player in a band and have your bass almost completely cut out of the mix so that you can't hear it.

3) To be generically owned by someone else in the sense that the ownee was left out or isolated by the ownerer.
1) Oh man, i totally got newsted'd when i bought this new car my old one completely owns it.

Billy dumped his girlfriend Veronica because he felt totally newsted'd when he compared her to his previous girlfriend.

2) I'm quitting my band they totally newsted'd me on our last CD.

3) Dude we just totally newsted'd that wanker at the shops, we told him we were going into the titty bar… but really we went into another titty bar!
Newsted by Flahn Premium Light January 30, 2007
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The Newsted 

A haircut that is shaved underneath, and long on top, like bassist Jason Newsted's during his early Metallica years. It became re-popularized in the early-to-mid 2000-teens. Hipsters and worship pastors love it.
Dude #1: I just got a new haircut

Dude #2: What kind?

Dude #1: The Newsted

Dude #2: Awesome!
The Newsted by grthompson June 1, 2017

Jason Newsted 

Second bassist for the band, Metallica. The band recruited him in late 1986 after the tragic death of former legendary bass player, Cliff Burton. His first album with the band was the EP, Garage Days Revisited, but his first full studio album was ...And Justice For All.

Newsted pretty much got a bad wrap because he wasn't as good as Burton. If you really listen to his bass pieces, however, it's not hard to find that he is clearly among the best bass players in the world.

In 2000, Newsted left the band for what he claimed were personal injuries he sustained while touring with Metallica. He later admitted, however, that he wanted the band to take a break for one year while he worked on his side project, Echobrainand the other band members sorted out their personal lives. Frontman James Hetfield declined the proposition and Newsted stepped down as Metallica's bass player after 14 years. Following the release of their 8th studio album, St. Anger, the band selected Ozzy Osbourne's bassist, Rob Trujillo, to replace Newsted.

Unlike previous members, such as Dave Mustaine and Ron McGovney, Newsted does not hold hard feelings towards the band and remains close friends with each member.

As of 2007, Newsted is the bassist for the band, Supernova, in which a television series somewhat equivalent to American Idol selected the lead singer of the band.
Stupid Metallica Fan: Jason Newsted sucks! He isn't anywhere near as good as Cliff Burton was.

Intelligent Metallica Fan: No he doesn't. That's like saying Kirk Hammett sucks because he isn't as good as Hendrix.
Jason Newsted by Ccjamp February 28, 2007

Classic Newsted 

A hairstyle that's long on the top and shaved on the sides and back (the opposite of a mullet), made most notable by former Metallica bassist Jason Newsted in the late 80's and early 90's.
It's too damn hot for all this hair - maybe I'll shave the underside and rock the Classic Newsted this summer.
Classic Newsted by Alison Chaynes September 2, 2009
English slang deriving from the expression pissed as a newt. It, along with the expression from which it is derived, is used to described someone who has enjoyed more alcoholic refreshment than is good for them. This has left them inebriated to the extent that they fail to recognise themselves in a mirror and have lost perspective, decency and bladder control.
“Malcolm got newted at the office do and called the boss a monkey fucking turd face!”
“Did he get potted?”
“No, the boss was even more newted than Malcolm.”
Newted by AKACroatalin December 15, 2016
A combination of the word New and Used to describe a used item aquired by a new owner. The item is new to the new owner although it has already been used by a previous owner.
I bought a newsed car last week, how do you like it?
Newsed by on March 29, 2019

Newstead Wood 

A place where toilet doors are non-existent, let alone locks for them.
Angela: I need to go to the toilet.
Claire: Hopefully someone won't walk in because there aren't any locks...
Angela: No locks?! What is this place?!
Claire: If you're lucky, you'll get a toilet with a door.
Angela: You're kidding.
Claire: Nope.
Angela: I'll hold it... This place is such a Newstead Wood!