Well, that was fast.

Some Web-savvy entrepreneur already has scooped up the site refudiate.com after former Alaska Gov. Sarah Palin tweeted her brand new word Sunday.

After using it in a post on Twitter (it's the spawn of repudiate and refute), she then tweeted this defense: "'Refudiate,' 'misunderestimate,' 'wee-wee'd up.' English is a living language. Shakespeare liked to coin new words too. Got to celebrate it!"

The folks at refudiate.com are celebrating it by selling T-shirts that say, "Sarah Palin refudiates this T-shirt." They also created a video dedicated to this newest lesson in "Palinese."

Palin also used the word "refudiate" on a recent Fox News appearance on "The Sean Hannity Show."