Voguish Vocabulary: Plutoed

The American Dialect Society has voted "plutoed" as the 2006 Word of the Year.

plutoed, v: to demote or devalue something or someone, as happened to the planet Pluto. "After losing both the Finkleburg and Krane contracts in the same day, Joe returned to work to find his cubicle had been moved to the basement: He'd been plutoed."