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Adjective, Verb; 1:The cool/nice way in which one presents himself/herself. Such as Swag. 2: The statement of something's cool being. 3: Pauning verb; to act as a pawn from chess, standing on random obstacles. 4: Paunplacement verb; to replace words in songs or everyday life.
1: "Wow Man your looking very PAUN today."
2: "Dude that trick is so PAUN!"
3: " Bro, I was Pauning all up and down the park today!"
4: (singing)"We found PAUN in a hopeless place!"

"Dude what the heck was that. You just replaced the word love in that song with PAUN!"

"I know bro. It's called Paunplacement."
by The PAUNCHOS January 27, 2012
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Paun - That warm, fuzzy feeling of intense euphoria and accomplishment you get when you learn an awesome new song on the guitar. Not just ANY song, THE song. It's that song that you heard on the radio for the first time and decided to put off all your homework just to learn it. It took you over two hours to master, but when you finally did your brain unleashed endorphins into your system and will continue to do so whenever you play it.
"DUDE! I got MAJOR paun when I learned the ENTIRE Stairway to Heaven solo last night! It was INTENSE!"
by MajorMark & GeneralGeorge October 25, 2009
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