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Collins Dictionary named ‘NFT’ as word of the year-2021

Category : Miscellaneous
Published on: November 26 2021 Share on facebook

  • The Collins Dictionary has named NFT, an abbreviation for a non-fungible token, as the word of the year 2021.
  • According to the Collins Dictionary, an NFT is a "unique digital certificate, registered in a blockchain that is used to record the ownership of an asset such as an artwork or a collectible."
  • NFT is one of the most popular bits of fintech Babble to beautify pages and screens, and it continues to be a topic of discussion with terms like "Crypto" and "Metaverse".
  • The Oxford English Dictionary had already named ‘VAX’ the word of the year last month.

Important Takeaways

List of word of the year according to Collins Dictionary

  • 2017: Fake News
  • 2018: Single-use
  • 2019: Climate strike
  • 2020: Lockdown
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