The Macquarie Dictionary has announced its 2015 word of the year as "captain's call", a phrase that, according to the WOY committee "perfectly encapsulates what happened in Australia over the past year", due to Mr Abbott's incessant use of it during his leadership.

Macquarie defined the phrase as "a decision made by a political or business leader without consultation with colleagues". Sound familiar?

According to Macquarie Dictionary editor Susan Butler, the phrase "started out as a political reference, but is being used more generally for any kind of decision that you take without reference to anyone else".

"I think it's used with a slightly ironic tinge, which makes it very Australian," said Ms Butler.

Other words that received honourable mentions were 'deso', which is short for designated driver, and "lumbersexual", which means "an urban male who wishes to associate himself by his appearance with a rugged outdoors way of life, as by wearing outdoor clothes such as check shirts, jeans and large boots, combined with a beard, as typical of a lumberjack".

What do you think of the 2015 word of the year? What about the honourable mentions? Do you have a favourite word?