(flocki-norsy-ni-hilly-pilly-fick-asian)
[noun] the action or habit of estimating something as worthless. (The word is used chiefly as a curiosity.)
Origin mid 18th Century, from Latin flocci, nihili, pili (words meaning 'at little value') + fication. The Latin elements were listed in a well-known rule of the Eton Latin grammar.