awknowledge

(v.) - 1. to say "AWKWARD!" in an awkward situation, thereby acknowledging said situation as awkward 2. to acknowledge something or someone as awkward

"He awknowledged what happened and everyone laughed."
"Let's just awknowledge the situation and move on."

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awknowledgement

awknowledgement (n.) - 1. action of saying "AWKWARD!" in an awkward situation, thereby acknowledging said situation as awkward 2. the act of acknowledging the awkwardness of something or someone

"His awknowledgement created a less tense and more humorous atmosphere."

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