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Axiomitize

verb; derivation
To summarize the an area of study with a few simple rules that are always true. This professor enjoys making up words because he enjoys puzzles and being clever, as being a higher level statistics and mathematics professor would lend itself to, so he decided to make ‘axiom’ into a verb.
 
We can try to axiomitize the study of probability and statistics.
Etymology : axiom from Greek axios 'worthy' + it ‘linker’ + -ize ‘verb’
Source : Statistics Professor
Last modified: 10 June 2008