OUP (UK) WOTY: credit crunch

[Laurence Horn]

At 12:18 PM -0400 10/2/08, David Barnhart wrote:
>Indeed, _credit crunch_ may be the "old" word of the year.  I think it is a
>bit premature to choose the word of the year in the first week of October.
>
>Regards,
>David

Unless they kick off the new year at Rosh Hashanah.

LH

>
>On Thu, Oct 2, 2008 at 9:33 AM, Benjamin Zimmer <
>bgzimmer at babel.ling.upenn.edu> wrote:
>
>>  ---------------------- Information from the mail header
>>  -----------------------
>>  Sender:       American Dialect Society <ADS-L at LISTSERV.UGA.EDU>
>>  Poster:       Benjamin Zimmer <bgzimmer at BABEL.LING.UPENN.EDU>
>>  Subject:      OUP (UK) WOTY: credit crunch
>>
>>
>>-------------------------------------------------------------------------------
>>
>>  "Credit crunch" has been chosen as Word of the Year by Susie Dent of
>>  Oxford University Press (UK):
>>
>>  http://blog.oup.com/2008/10/woty_uk/
>>
>>  Dent's new book _Words of the Year_ also covers other terms related to
>>  the credit crisis:
>>
>>  ---
>>  NINJA LOAN - a loan or mortgage made to someone who has 'No Income, No
>>  Job, No Assets'
>>
>>  JINGLE MAIL - the practice of sending back one's house keys to the
>>  mortgage company because of negative equity, or the inability to keep
>>  up with payments
>>
>>  IPOD - acronym for 'insecure, pressured, overtaxed, and debt-ridden'
>>
>>  HOMEDEBTOR - homeowner with a very large mortgage, particularly one
>>  that they are unlikely to ever pay off
>>
>>  SPEED MENTORING - a style of career- or life-coaching modelled on
>>  speed dating, in which each participant has a few minutes to seek
>>  advice on career-related questions
>>
>>  FUNT - someone who is Financially UNTouchable
>>
>>  EXPLODING ARM - variable rate mortgage with rates that soon rise
>>  beyond a borrower's ability to pay
>>
>>  GOING UNDERWATER - falling into negative equity
>>
>>  STAGFLATION - stagnant growth and rising inflation
>>  ---
>>
>>  --Ben Zimmer
>>
>>  ------------------------------------------------------------
>>  The American Dialect Society - http://www.americandialect.org
>>
>
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