GIF is The Oxford Dictionaries' 2012 Word of the Year

Thanks to its second renaissance in the age of social media, GIF has been chosen by Oxford Dictionaries as the 2012 U.S.A. Word of the Year, coinciding with its 25th anniversary since being first introduced by Compuserv in 1987. Image courtesy of Lulinternet.
GIF, verb: to create a GIF file of (an image or video sequence, especially relating to an event).