Thursday, September 18, 2008

New terminology from the BBC website

Some new terms that are born out of the credit crunch:

FAKEAWAY

A home-made, belt-tightening version of a takeaway - think, a curry made with a jar of sauce, bag of rice and a packet of poppadoms from the supermarket.

HYPERMILING

Techniques used by drivers to get more miles to the gallon, such as coasting in neutral and keeping tyre pressure high.

RECESSIONISTA

A person who manages to look fashionable on a tight budget.

STAGFLATION

The dreaded combination of inflation and stagnation - an economy that is not growing while prices continue to rise.

STAYCATION

Staying at home for your holiday in a bid to save money.