Now this is cool: sniglets is the overarching term that has been adopted for words that ought to be in the dictionary yet aren’t, such as:
“Aqualibrium (ak wa lib’ re um) – n. The point where the stream of drinking fountain water is at its perfect height, thus relieving the drinker from (a) having to suck the nozzle, or (b) squirting himself in the eye.”
Heh.