HipDict is a crowdsourced dictionary that anyone can submit to. Your suggestion will have to go through some sort of review, but if it's clever, profound, or at least funny, it will eventually show up as an entry at Instagram. The point is to define words and phrases in the manner that people actually use them.
But portmanteaus and brand-new words are welcome as well, if they meet the criteria.
See the dictionary as it is so far at Instagram. -via Laughing Squid
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