Noun - A Not ownage object.
Adjective - Not Ownage Verb - Making something not ownage (nownagizing, nownagized, nownagizored, nownagizoredizing)
This word originated from someone who mystyped not ownage.
Noun - That nownage is a peice of crap.
Adjective - Your nownage computer cant run any games!
Verb - I am going to nownagize my computer so my parents will feel bad and buy me another.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.