This emerald green color swatch released by Pantone is Pantone LLC's Color of the Year for 2013, beating out all the other shades of the rainbow. (AP)

How did Pantone land on this hue to forever represent 2013? We’re sure to hear many theories in the next few months, which will probably range from: The color reminds us of simpler things such as grass and Mother Nature...Green is the color of growth and signifies America in 2013...The rich tone is all about luxury, just like jewels and money.... Whichever theory you prefer, Pantone is describing the choice as, “Lively. Radiant. Lush...A color of elegance and beauty that enhances our sense of well-being, balance and harmony.”

That nice, but what does it mean for you? It’s time to visit Emerald City. Whether it’s your wardrobe or your living room, here are some tips for embracing emerald:

Fashion from the Spring 2013 collection of Nanette Lepore in New York. (Bebeto Matthews/AP)

A gown from the Zac Posen Spring 2013 collection during Fashion Week in New York. (John Minchillo/AP)

Skyla Freeman's 425 square foot studio apartment in Washington D. C. features the Pantone 2013 color of the year. The crisp white accents pop against the office walls. (Katherine Frey/THE WASHINGTON POST)

And if you’re looking to find emerald for a bargain? Check out the after-Christmas sales, the red-and-green holiday is sure to leave lots of green up for grabs.