This current economy is giving life to a handful of new words tied to the recession according to this abcnews.com story.  Some of the words are making it into the online site of the major dictionaries.  Thankfully they are not putting the words into the printed version…yet.  Does anyone still buy the hard copy?

Here are a few of these new words entering the lexicon:

decremental: adjective The act or process of decreasing or becoming gradually less; the amount lost by gradual diminution or waste.

Great Recession: noun The current recession, which began in December 2007.  The length and severity of the current recession has led some in the media to dub it the “Great Recession,” a term that echoes the Great Depression of the 1930s.

recessionista: noun One who remains stylish during times of economic hardship; a woman who updates her wardrobe in a frugal manner.

staycation: noun A holiday spent at home, especially due to straitened financial circumstances.

zombie bank: noun A bank that has a negative net worth but continues to operate because of depositor’s insurance or other governmental intervention.

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