The recent world recession has added many new words to our vocabulary. It enriched the Lexicon with really interesting words. Some of them are as follows:
- Bankster: It is a combined form of banker and gangster.
- Canniversary: A year from the date when you got canned from your job.
- Clunkerf*ck: It is what happens when government issues coupons on cars but doesn’t use the same printing machine as it seems to for a currency.
- Frugillionaires: It is used for those who have mastered the art of frugality – living richly while saving a fortune. They bank their bonuses, bring their lunches to work, and borrow things instead of money. But though they are adept at cutting costs, their lives are not about deprivation. Instead, they cultivate a sense of appreciation that brings them wealth beyond measure.
- Lazylancing: It is when you subsidize your travel with freelance work after being laid off from job.
- Recession: Now-a-days it is used to describe anything sting or lacking. For example: “Look at this recession biscuits. It’s only got three chocolate chips.”
- Recessionista: One who remains stylish during times of economic hardship – a woman who updates her wardrobe in a frugal manner.
- Slayoff: It is used to describe a particularly cold-blooded method of laying off employees.
- Staycation: It means a holiday spent at home, especially due to straitened financial circumstances.
- Zombie bank: It is used for a bank that has a negative worth but continues to operate because of depositor’s insurance or other governmental intervention.
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