Xtra News Community 2
March 30, 2024, 01:02:06 am
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Welcome to Xtra News Community 2 — please also join our XNC2-BACKUP-GROUP.
 
  Home Help Arcade Gallery Links BITEBACK! XNC2-BACKUP-GROUP Staff List Login Register  

Word of the Year 2008

Pages: [1]   Go Down
  Print  
Author Topic: Word of the Year 2008  (Read 165 times)
0 Members and 1 Guest are viewing this topic.
Lovelee
XNC2 GOD
*
Posts: 19338



« on: February 04, 2009, 12:21:01 pm »



"TOXIC debt" has edged out "bromance", "textaholic" and "flashpacker" to become the Macquarie Dictionary word of the year for 2008.

Publisher Sue Butler said a committee considered many of the year's important events, including concerns about the environment and water issues.

"But the event of 2008 which overshadows all our lives was the GFC (global financial crisis), itself a term now added to the lexicon," she said.

"In this category, 'toxic debt' was thought to be the root cause, the lingering blight on our lives, and in addition it had, as a lexical creation, a visceral impact. It needed no explanation but said it all."

If you want an explanation though toxic debt is defined as "debt which, although initially acquired as a legitimate business transaction, proves subsequently to be financially worthless, as the subprime loans which precipitated the GFC".

Other words considered were "bromance" ("a non-sexual but intense friendship between two males"); "textaholic" ("someone who sends an excessive number of text messages"); and "flashpacker" ("a backpacker who travels in relative luxury").
http://tools.cairns.com.au//feeds/feed-story.php?news_id=18014725
Report Spam   Logged

Laughter is the best medicine, unless you've got a really nasty case of syphilis, in which case penicillin is your best bet.

Share on Facebook Share on Twitter


Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Open XNC2 Smileys
Bookmark this site! | Upgrade This Forum
SMF For Free - Create your own Forum


Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy
Page created in 0.061 seconds with 15 queries.