The "Word of the Year" for 2007

CHICAGO (AP) - The word of 2007 is one that's been on everyone's lips -- from students to President Bush.

The American Dialect Society chose "subprime" as its 2007 Word of the Year during its annual convention yesterday.

The society says choosing "subprime" signifies the public's concern for a "deepening mortgage crisis."

About 80 members spent two days debating which word should come out on top.

Other contenders were "Facebook," "waterboarding," "green" and "Googleganger."

The society says "subprime" has been around for awhile, but now everyone knows about it because it's affecting so many people.

A spokesman says even students are using the word to refer to tests, saying things like, "I'm going to subprime this," meaning, "I'm going to mess it up."

The word of the year for 2006 was "plutoed," meaning "to be demoted or devalued."