The State of being so overtly owned, that saying owned or pwned just doesn't fit and isn't extreme enough.
The word can be used in various ways, as expressed in the examples.
Ownation!
Dude, you just got ownated! (Other form of word, used same as owned)
This is total ownation!
You are in ownation.
Bob is in ownation.
Tyrone: "Bruh, my skin feel on fire. I think they put chlorine in this bitch."
Other Black Nigga: "It's just 'Nigga Oxidation,' go take a shower right quick."
That person who replies "Ok" to every and any message you send. An ~ can use "Ok"s to mostly kill dull and obvious communication / instruction.
GF: That girl from the English Lit class wore a spandex to class. omg!
Me: Ok
GF: Why do these girls have dress like sl*ts?
Me: Ok
GF: WTH, are you even listening to me?
Me: Ok
GF: ...
Me: Target terminated. Okinator mission accomplished. *bam*