Definition of ownage
ownage 
noun
- an action or event in which someone was owned or someone
owned another person. (That is, defeated them severely.)
That was complete ownage!
That shot was ownage!
interjection
- "ownage" can be used alone as an exclamation upon witnessing a stunning defeat.
Ownage!
Submitted by Patrick Moore, San Francisco, CA, USA, Nov 27 2002.
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