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Oxford English Dictionary has chosen neologism (new word) "omnishambles" as its Word Of Year for 2012. OED's blog defines this recent addition to English vocabulary as " situation that has been comprehensively mismanaged, characterized by string of blunders and miscalculations". It is noun and is used informally. The word is combination of prefix "omni," which means "in all ways" or "of all things," and "shambles," which means " state of total disorder from every possible angle". word was first coined in 2009 in BBC political comedy but rose to prominence earlier this year after it was used to attack British government by at least eight politicians in British Parliament.

Other words in Oxford's top ten include "Eurogeddon" - threatened financial collapse in Europe - and "second screening" – to watch television and device such as iPad simultaneously. texting acronym "YOLO" – you only live once - also made it onto list. Oxford said there was no guarantee omnishambles would be added to its dictionary. It said word first had to "stand test of time". Oxford selects its Word Of Year "to reflect ethos of the year and its lasting potential as word of cultural significance". Past winners include "podcast," "carbon footprint" and "credit crunch". This year's American winner is "gif" – format extension of many images on Internet.