To change ownership. Usable in any situation where someone or something loses possession to someone or something else. When the act occurs, someone exclaims "chowned!" loudly accompanied by snapping fingers, then pointing in a taunting fashion, often at the person or thing being chowned.
He chowned the apartment building jacuzzi last night when that chick made him jizz in it unexpectedly. Its his now.
24👍 11👎