Owned has a meaning close to that of the traditional meaning of the word “own” – for instance, “I owned Woody at Red Alert 3″ means that the speaker has been beaten Woody in a game. Some one may shout out “owned” to the loser(s), as a manifestation of victory or as a taunt.

Owned has now spread beyond the world of computers and gamers and become part of standard slang, where it typically entails severe defeat or humiliation, usually in an amusing way or through the dominance of an opposing party.

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