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it's when you're so clever it's awesome. in other words, it is a state of cleverness so extreme that by all measureable standards it must be considered awesome.
the first known mention of the term occured during a gathering by the elusive canadian band The Don Knott's Project. this is a relatively new term in english, but already folk etymologists have mangled it beyond recognition.

"You're cleverawesity knows no bounds!"

by MkungaLalem January 23, 2009
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