"Word of the Year" is an annual selection made by various dictionaries and language organizations to highlight a word or phrase that has gained significant attention or relevance over the past year. This choice often reflects cultural, social, or political trends and can provide insight into the collective mindset of society. Each organization may have its own criteria for selecting the word, considering factors like frequency of use, search trends, and public interest. For example, the Oxford English Dictionary and Merriam-Webster both announce their own distinct words, showcasing different aspects of language evolution and societal change.