To be excellent or superior.

To be unquestionably cool.

when someone or something is "the bomb", "the shit", "sweet", etc...said in a positive way for something you like or think is the best

Owning the arse harsh,or being the owner of something,Meh and sometimes pwning :)

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

v: Possessing a deed to one's ass

Take responsibility to what you've done.
Be accountable for your actions.