own

To wear clothing, accessories, or physical features (i.e. pale skin) with confidence.

"I was a little nervous about wearing such unconservative trousers, but I decided I just gotta own that shit."

owns

A way to say "this kicks ass/this rocks" using common internet slang

My pc owns, it's got a p4 processor in it

own it

A phrase that can be given to nearly all good situations. 'OWN THAT'!

A person who is cool.
'YOU SO OWN IT'

Steve, Carla and Joel are going to Magaluf, OWN IT!!

Owned

when a girl named faith undeniably beats you in cow racing on the wii

you just got owned.

OWNED

The definintion of the outcome of one poor soul being out-witted in some shape or form by another, more clever and overall better being.

Megan Steele - "I just hijakced your Bebo"
Mowg - "Well your on Urban Dictionary"
Megan Steele - "Wit?"
Mowg - "OWNED. Now MOWG OFF =))!"

own

to be especially better at something than another.

Martina owns all of you.

Owned

when one disses one another so hard that for a breif moment, it was as if they legally owned that person.

Step dad: Eat your supper.
StepChild: You're not my dad.
Brother: Owned.