To falsely raise some one's hopes only to, at a later date, dash them in a humiliating and demeaning manner.
"Did you hear that guy trying to sell financial services to Greg"
"Yeah. Greg practically wrote him a check, then avoided all contact with him for the next three months."
"Whoa, he Knarred the hell outta him!"
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Similar to shredding, Knarr is a terminology mainly used within extreme sports like mountain biking to suggest somethings Knarly, radical or cool.
"I seriously upped the Knarr"
"Anyone else upping the knarr?"