Neologism

Noun; \nee-AH-leh-ji-zem\

1. a new word usage or expression;

2. a meaningless word coined by a psychotic.

Sentence:  In this day and age, a neologism can refer to any newly coined term, such as podcast or webinar.

Also, Neologize – Verb; To make or use new words or create new meaning for existing words.

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