List: New Vocabulary for ‘The Great Recession’
The maiden MostMost List! This recession has inspired its share of new words and phrases ranging from very funny to downright ridiculous. Comment Away. Thanks, David
Bankster: Combination of “banker” and “gangster” – These guys make Al Capone look soft. From Visual Thesaurus
Bleisure: The blurring of business and leisure, although in 2008 this was called lazy. From Visual Thesaurus
Chiconomic: Style-conscious on a budget; this is one of those words that feels like it’s trying a little too hard – have you ever heard it in a real conversation? From Visual Thesaurus
deTARP : To repay an investment by the government’s Troubled Assets Relief Program.
Diworsification: Diversifying one’s investments too much. It may be one step away from becoming a mainstream vocabulary word, but use at your own risk – people might just think you have a speech impediment. From Double Tongued
Duppie: Acronym for “depressed urban professional” (also “downwardly mobile urban professional”). Please note the revised dress code! From Visual Thesaurus
Econolypse: Economy + Apocalypse. Feels a bit dramatic and overstated (I hope!) From Double Tongued
Financial Incest: Telling one’s children about family financial affairs in such a way or to such a degree that they learn too much and become overly concerned. From Double Tongued
Ghost Boxes: A cool word for the highly uncool trend of big box chain stores shutting down and leaving empty, unkempt urban blight in their trail. This word will likely see more action come 2010, particularly in the business and real estate publications.
The Great Recession: Nothing great about it.
Green Shoots: A bright and hopeful term for new indicators of economic recovery. Usually followed the next day by some news that directly refute the original article, usually from the same publication.
Homedulgence: The tendency for consumers in a recession to socialize at home, indulging on a smaller scale. From the Visual Thesaurus
Lipstick Effect: The tendency for consumers to purchase small, comforting items such as lipstick rather than large luxury items. From Word Spy
Main Street vs. Wall Street: This was one of the early phrases to break through the clutter just as the economic reality was beginning to set in.
Porkulus: Epithet used by conservative opponents of the stimulus package, who see it as more “pork” than “stimulus.” Likely this word will start to see more action in 2010, particularly as there are rumors of a second stimulus package coming our way. From The Visual Thesaurus
Recession Chic: Style and elegance on a tight budget. A great marketing term encouraging people to spend money…
Recession Proof: With some movies costing $14 to attend, it appears McDonalds and Wal-Mart are the new kings of this category.
Recessionista: A modern girl who is trying to survive the credit crunch the best she can with a modicum of style, although there is a big difference between being a “modern girl” and “poor”. From Word Spy
Slayoff: A particularly cold-blooded method of laying off employees, such as breaking the news on a company blog, leaving a note in an employee’s chair, dispatching a mass email, or sending a certified letter to a worker’s home that says, “Do not come back to the office.” Unlike other recession-inspired vocabulary that tries to infuse financial ruin with hipness and adventure, this word reveals the true colors of today’s employment picture. – From The Recession Wire
Staycation: The stay at home vacation. Was a really big 2008 word back when the economy collapsing was still “cute and new” and everyone thought this word applied to the other guy. Pretty certain I first saw this one first in the Los Angeles Times
Stealth Shopper: A person who shops secretly to avoid flaunting wealth or to hide expenses from a spouse; a person who purchases expensive items that do not look expensive. From Word SpyPosted on Wednesday, August 5th, 2009 Both comments and pings are currently closed.