Used by morons and/or K-5th grade.
Typically used when the situation doesn't call for it, and is thus typically overused and unfunny (misspelled or not, turns out).
Unfunnytwat1357: sooo akward.
Girl 2: Dude. Way to be Ák-ward and mention our Secret Santa in front of people we didn't include in it!
Girl 1: Woops.