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Emphatic variation on the word pwned. Pronounced pizz-owned. Widely used in online gaming but can be applied anywhere.
Geek1: "Hey, how did your CS match go?"
Geek2: "Sweet, we pzwned!"

Dude1: "Man, you see that guy get hit by that truck?!"
Dude2: "Yeah man, that flatbed totally pzwned him"
by Dragon1057 October 03, 2005
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