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I neologismi della recessione

La crisi economica degli ultimi anni ha dato vita a una lingua tutta propria, diffondendo divertenti neologismi finanziari che riflettono l'umor nero di chi deve affrontare i propri problemi economici.

Quando creiamo un nuovo termine, mettiamo in atto un meccanismo di difesa: cerchiamo di prendere il controllo della situazione circoscrivendo il problema e cristallizzandolo in un neologismo. Se poi ci ridiamo su tanto meglio! :)



Recession makes us richer.. in words

The only one who is gaining benefits from the recession is the English language: as we are growing poorer, the English language is growing richer.
The latest trend in the most famous online dictionaries (Collins, Merriam-Webster , Cambridge, etc) is to stay current with language changes, word usage, slangs, jargons, and neologisms.
Each year the dictionaries add new words that have been accepted by the common parlance and competitions are being launched each year in order to find the word of the year.
The “word of the year” competition, abbreviated WOTY, is a competition for voting the most important word o in the public sphere during a specific year.
In the last five years, the list of new, officially recognized words by Merriam Webster’s WOTY include a number of terms that are a true product of our times.


In 2008 the word was bailout, “a rescue from financial distress.”In 2009, staycation, “a vacation spent at home or nearby.”In 2010, austerity, “enforced or extreme economy.”In 2011,…

She-covery

A term that similarly indicates that women have been doing better at getting jobs than men since the economy began to improve.



But why are women faring so much better than men? It's due in large part to a few key industries dominated by one or the other of the sexes doing well or poorly. Source: The Atlantic
See also:

Mancession

Womenomics

Sputnik moment

A Sputnik moment is a point where people realise that they are threatened of challenged and have to redouble their efforts to catch up.


Obama followed his Energy Secretary Steven Chu in declaring that the United States stands at a new "Sputnik moment" in the development of such technologies as clean energy and high-speed rail. The idea has been percolating for several years now: Robert J. Samuelson of Newsweek and Mort Zuckerman of U.S. News & World Report both used the expression in 2005. It's unclear whether Americans listening to Obama will be moved by the historical reference, particularly those too young to appreciate the threat that the Soviet launch of the Sputnik satellite represented during the Cold War era. Obama continued the aeronautical allusions by referring to new energy innovation projects as the "Apollo projects of our time."

Sources: Using English
"Commander in Speak: Parsing Obama's Speech", CBSNews

"Choice Words from the S…

Downshifting

The act of reducing one's standard of living for an improved quality of life. Downshifting assumes a tradeoff between standard of living, such as level of wealth, and quality of life, which relates to well-being. People who downshift are looking to improve their personal lives. These changes could take the form of more spare time, a reduced workload or a lower stress level. To achieve these goals, the person must be willing to give up his or her current standard of living and look to reduce the cost of living. For example, someone may attempt to downshift by reducing monthly expenses, moving to a smaller house or selling unnecessary possessions.

Source: Investopedia


“Semplicità volontaria” è il neologismo che definisce quello che, principalmente nel mondo anglosassone, viene chiamato all’interno del mondo del lavoro la scelta da parte di diverse figure di lavoratori – particolarmente professionisti – di giungere ad una libera, volontaria e consapevole autoriduzione del salario bila…

The Grandparent Economy

The spending power of the older generation.

Reporting for McClatchy Newspapers, Anita Creamer highlighted a term associated with grandparents’ growing economic clout. Interviewing grandmother Mary Hopp about her gift-giving, Creamer wrote:
Her contributions to the so-called “grandparent economy” are carefully considered yet generous – a prime example of how America’s 70 million grandparents divvied up the $52 billion they spent on their grandkids in 2009, according to a study that was commissioned by Grandparents.com.

Source: Schott's Vocab

Staycation

The term, a blend between “stay” and “vacation”, refers to the trend of spending vacation at home to save money.


Restacanza

Discutibile italianizzazione dell’acronimo americano “staycation”, da “stay” e “vacation”. Viene utilizzato quando si pianifica una vacanza stanziale con attività da turisti. Esempio: prendere il sole restando nella propria città.

fonte: Wired


source: Englishfor
See also: New edition of ODE

Womenomics

The increasing role played by women throughout the world of labour.


E’ un blend composto da women + economics che indica il crescente ruolo delle donne in ambito economico come forza lavoro che assume un sempre maggior peso nell’economia mondiale.

Source: EnglishFor

Ispirazione:

Sole 24 Ore: Le donne manager conquistano la finanza italiana

Economist: Womenomics

Double Dip Recession

A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession.

The causes for a double-dip recession vary but often include a slowdown in the demand for goods and services because of layoffs and spending cutbacks from the previous downturn.

A double-dip (or even triple-dip) is a worst-case scenario. Fear that the economy will move back into a deeper and longer recession makes recovery even more difficult.



Source: Investipedia

SOBER

Acronym to describe the financial characteristics of Britain’s next decade: Savings, Orderly Budgets, Equitable Rebalancing.

The Governor of the Bank of England has warned that Britons face a decade of saving more and spending less, Philip Aldrick reported in The Telegraph:
"Alluding to the “Non-Inflationary Consistently Expansionary” [NICE] decade just passed and coining a new acronym to describe the years ahead, he warned: “The next decade will not be nice. History suggests that after a financial crisis the hangover lasts for a while. So the next decade is likely to be a ‘SOBER’ decade – a decade of savings, orderly budgets, and equitable rebalancing… A sober decade may not be fun but it is necessary for our economic health.”
Source: Schott's Vocab


Are You Fluent in Recession?

After you lost your "job-job," you've been "decruited" more than once—maybe that "job stopper" on your neck had something to do with it—and because your financial outlook is somewhere between "blark" and "Full Walton" lately, you've been alternating between "Wonderbreading" and the "Peanut Butter Challenge" and need to get "approval from corporate" before you buy even one lousy coffee. Does that sentence make any sense to you?
If so, there's no need to read Coupon Sherpa's 25 Recessionista Slang Terms, which would tell you that, for instance, "decruited" means:

To be fired from a position you haven't even started.
Usage: "Man, they decruited me before I finished the orientation."

Here, some other recession-era words and phrases:

Recession porn: With an apparently resurgent economy, the media genre known as recession porn may be gone for good. What, exactly, is recession …

Recessions-Era Words and Phrases

Are You a 'Nevertiree'? Or Are You Among the 'Accidentally Retired'?

The economic crisis has brought about a "new normal," in which Americans are adjusting their expectations concerning work, investing, spending, and one's "lifestyle." The recession has also brought with it new words and phrases, like "new normal."

Here are some others:

"Reluctant Breadwinner"

As defined recently by BusinessWeek, these are:
Women who wanted to stay home until their income suddenly became critical to the well-being of their families.
"Nevertiree"

As defined by Barclay's Wealth (via CR), this is:
a person who intends never to retire but instead enjoy a life of "nevertirement."
Hmmm… we may need a new definition of "enjoy," because the way the word is used here, it doesn't sound fun or "enjoyable."

"Accidentally Retired"

The NY Times describes this phenomenon as one that occurs when an indiv…

New edition of ODE

Other words and phrases introduced for the latest edition include 'toxic debt', 'staycation', 'cheesebal' and 'national treasure'
by Sam Jones

The Guardian

The Oxford Dictionary of English has added words such as vuvuzela to the latest edition.

The World Cup in South Africa, climate change, the credit crunch and technology have all left their mark on the way we talk, the new edition of the Oxford Dictionary of English reveals, as the latest crop of new words to be added to its pages is published today
.
Football fans will perhaps be unsurprised to learn that the vuvuzela, whose apian drone soundtracked yet another summer of hurt, has blared its way into the dictionary's pages. By being ushered into the dictionary, which is based on how language is really used, the metre-long plastic horn has cemented its immortality as well as its ubiquity.

Climate change, an issue only marginally less controversial than refereeing, has also made its mark. Even the most a…