The Recession Dictionary
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.
Posted By Derrick Moe | Communication,Economy | | 
Comments(2)
It will be interesting to see where and when they decide to draw the line to say recession becomes, or became, depression. Hopefully we don’t get to that point.
One thing’s for sure, you can’t have too many resources that help you to save money these days. Have you had a look at iShopSummit.com? There are tons of coupons for all sorts of stuff, including many for breakfasts, lunches and dinners. That might be a a link that works for you, something that can help the job seekers coming to the site.
If you’re interested in doing a link exchange with me let me know.
Our country had been so much affected by this Economic Recession. there are lots of job cuts and company shutdowns. We are seeing some signs of economic recovery right now and we hope that it would continue.