A taboo term for getting your ass served to you on a silver platter with french fried potato's.

A cliche word that everyone uses because they don't like to say "schooled" anymore. Welcome to the 21st century ladies and gentlemen . . .

using this word will designate you as a virgin for life

A typo made into a ridiculous and abused catch phrase. Generally used when someone does something to another that is shameful or degrading. Commonly used by internet egomaniacs and morons or otherwise, stupid people trying to be "cool"

To own at such an extent that the letter 'o' isnt a sufficient enough letter and hence was moved to the next letter in the alphabet.?

More silly scene/hXc internet speak. Variant of "own", thats pronunciation is undetermined. Whether it is "PAWN" or "POWN"(rhyming with "own"),is left up to dispute.

To "pwn" something or someone means something along the lines of "to be cooler than" or "to beat in a level of coolness and/or skill and/or etc".

To practice pwnage.
To be a pwn3r.
To urinate in the face of a sexual partner.
To literally rip the heart from your enemy and eat it while smiling.