Yes, it's for *best* word of the year
Runners-up for the 2005 Word of the Year include:
[...]
lifehack (a more efficient or effective way of completing an everyday task: "I found a great lifehack for getting a cheap hotel room.")
[...]
They're probably going to change their title to the Neo Oxford American Dictionary.
[...]
lifehack (a more efficient or effective way of completing an everyday task: "I found a great lifehack for getting a cheap hotel room.")
[...]
They're probably going to change their title to the Neo Oxford American Dictionary.