Hi X, I agree with what others have said - but a glossary could be a really useful working tool for you yourself to use as you're writing, to help you build a sense of your world. As could maps, drawings character sketches and so on. So don't think of these as wasted effort by any means - just keep them out of the submission package!
That's true, Steerpike. It is a handy referance in case I, myself, need to remind myself of what I've established. =)
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I really wish I knew how to properly edit my posts here, so that I could correct daft-sounding sentences like the one above. >.<