Bad Economy–Bad New Words

Whenever I see newly created words, I often think of Sherry’s recently invented word, funfaithful, because her contrived word is at least as good as these new economy words, which were discussed recently on the Oxford University Press USA blog:

Funemployed

Funemployed means “taking advantage of one’s newly unemployed status to have fun or pursue other interests.”

Yeah, I’m sure that fun is a popular sentiment among the millions of people who have lost their jobs in the past couple of years–talk about being out of touch.

Zombie Bank

A zombie bank is “a financial institution whose liabilities are greater than its assets, but which continues to operate because of government support.”

Zombie bank–is that a joke? Seriously, that makes funfaithful seem brilliant.

Freemium

Freemium is “a business model in which some basic services are provided for free, with the aim of enticing users to pay for additional premium features or content.”

This is not a new concept. It’s not a highly effective business model, but it’s not new–or deserving of a new word. Today’s Internet consumer expects content to be free; any type of premium content is generally ignored.

–Paul

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