The next time you and your pals coin a slang term to describe your latest bejeweled accessories, don't bet on keeping it exclusive. The linguistics "gangstas" over at the Oxford English Dictionary aren't "new jacks" to the latest "def" lingo.

The venerable definitions resource has already added other hip-hop-turned-mainstream terms like "jiggy," "breakbeat," "dope" and "phat" to the online updates of the 20-volume dictionary, and now it has started drafting an entry for the latest OED-approved term, "bling bling."

The term, which is used to describe diamonds, jewelry and all forms of showy style, was coined by New Orleans rap family Cash Money Millionaires back in the late '90s and started gaining national awareness with a song titled "Bling Bling" by Cash Money artist BG.

The rapper, who is currently promoting his new album, Living Legend, told MTV News, "I'm so surprised that that word has spread like it has. But I knew it was serious when I saw that the NBA championship ring for the Los Angeles Lakers had the word 'bling bling' written in diamonds on it."

And while BG once felt territorial about his much-loved term, he's since opened his arms to the slang's universal appeal.

" 'Bling bling' will never be forgotten," he said. "So it's like I will never be forgotten. I just wish that I'd trademarked it, so I'd never have to work again."