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The word pawned is frequently thought of as a mispelling of pwned or pwnd, and this is likely true. However there is much debate as to the pronunciation of this word. People could have a scientific discussion as to whether to use the vowel cluster "aw" or "ow" however that would waste much time. Since people sound gay when they say "powned", so it is generally accepted as "pawned" and means to own something, but not in a literal sense, such as a prison bitch.
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