Joining the elite crowd of terms like “Hashtag”, “Selfie” and “Tweep” – the term “crowdfunding” has finally found the recognition it deserves in the august publication known as the Merriam Webster’s Dictionary. Hopefully this is final acceptance that crowdfunding no longer is two words or demands a hyphen.
The 150 year old tome which is still printed, and available online of course, has announced they have admitted over 150 new words to the class of 2014. Perhaps a bit late to the game on crowdfunding, as the JOBS Act was signed into law way back in 2012 – and the term itself has a history many years prior to its legislative use.
Words come and go – as we all know – but I will guess that out of the new batch for this year – none have greater meaning or impact than the disruptive innovation known as crowdfunding.