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Recession slang: 10 new terms for a new economy

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Sample sentence: "No, I can't meet you for brunch this morning. I'm insourcing my laundry these days and have five loads piled up."

Alternate sample sentence: "I know my nails look like someone took a chainsaw to them, but I insource manicures now."

Antonym: outsource.

8. Staycation, n. Vacationing at home or near home because traveling further would be prohibitively expensive.

For better or worse, staycation is perhaps the most widely-used and accepted term of the new-economy lexicon.

Sample sentence: "That's right, if something doesn't change, we're going to have to staycation at my in-laws this summer ... again."

7. Intaxication, n. A sense of delight mingled with the perception of instant wealth that one feels upon receiving a tax refund.

Sample sentence: "It seemed like a good idea to charge that pair of Louboutins/small boat/Caribbean vacation to my credit card when I got my tax refund. But when I got my statement a week later, it was clear I was in a haze of intaxication at the time of purchase."

6. Madoff’d, v. To get ripped off in a particularly offensive fashion.

Sample sentence: "Oh man, that cab driver totally Madoff'd me. I gave him a $20 and he only gave me change for a $10."

5. Recessionista, n. A consumer who has historically paid big bucks to look like a million bucks and who, unwilling to quit his/her fashion habit in the face of the recession, has found alternative ways to maintain a certain standard of wardrobe.

Such strategies often include shopping at discount and second-hand stores. More prevalent in the media than in everyday conversation.

Sample sentence: "The clerks at Barneys are suffering from withdrawal now that I'm a recessionista and rent my handbags online instead of buying."

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