The internet has given us many new words and w00t is one them. I understand that the word originated in competitive online gaming. It was an acronym used by players for we owned the other team . In other words, you were much better than the other team and you beat them easily. The word has acquired a general meaning, and is now frequently used in everyday conversation as an expression of joy and excitement. The 00 is pronounced like the 00 in cool, pool and School.
• Believe it or not, the bank has decided to give us the loan we’d asked for. W00t!
The word can also be splt woot, and it was included in the list of Merriam – Webster ’s words of the year for 2007.