'Credit crunched' consumers 'defriend' and 'staycate'

:: recessionista n informal: a person whose clothes, whether cheap, second-hand or subtly subdued, are considered appropriate to an economic downturn.

- bad bank n informal: a state-owned financial institution created to alleviate a financial crisis.

- credit-crunched adj informal: adversely affected by a credit crunch.

- SUB: sport utility bike: a bike capable of carrying passengers or cargo.

- ecotarianism n: the principal or practice of avoiding eating any foods whose production or transportation are considered ecologically damaging.

- anti-social networking site n informal: a website that allows users to, among other things, list the people they dislike and do not want any contact with.

- defriend v: to remove someone from one's list of friends on a social networking website.

- social notworking n jocular: the practice of spending time unproductively on social networking websites especially when one should be working.

- textism n: a word or abbreviation typically used in a text message.

- mancation n: an all-male group holiday.

- manscaping n: the aesthetic grooming of a man's bodily hair.

These words will make their way into the dictionary after being judged on where and how often they are used, and in how many texts they appear over the course of the year.