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SPRINGFIELD, Mass. — Everyone seems to want one, but apparently a lot of Americans aren’t sure what exactly a “bailout” is. The word was looked up so often at Merriam-Webster’s online dictionary site that the publisher says “bailout” was an easy choice for its 2008 Word of the Year.

The rest of the list is not exactly cheerful. It also includes “trepidation,” “precipice” and “turmoil.” “There’s something about the national psyche right now that is looking up words that seem to suggest fear and anxiety,” said John Morse, Merriam Webster’s president and publisher. The Associated Press

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