New words – 29 November 2021

a group of five young adults laughing and celebrating in a shower of colourful confetti
AleksandarNakic / E+ / Getty

business shower noun [C]
UK /ˈbɪz.nɪsˌʃaʊəʳ/ US /ˈbɪz.nɪsˌʃaʊ.ɚ/
a party held to celebrate a new start-up business, usually before its official launch

Some business showers include games, decorations and catering. Some founders even ask for gifts, providing links to business registry websites that have also become popular. Business showers generally differ from launch parties because they occur at the very early stages of a start-up, sometimes when the business is still just gestating as an idea.
[nytimes.com, 15 July 2021]

flippening noun [S]
/ˈflɪp.ᵊn.ɪŋ/
The flippening is an event, expected to take place in the near future, when ethereum will overtake bitcoin as the most valuable cryptocurrency.

For those unaware, the flippening is a hypothetical event in which ETH overtakes Bitcoin in terms of market capitalization. While this hasn’t happened yet, it may not be too far off … ETH is already the top crypto held on the platform in terms of U.S. dollar amount. That could be a sign that the flippening is starting.
[nasdaq.com, 8 July 2021]

emoticonomy noun [U]
UK /ɪ,məʊt.iˈkɒn.ə.mi/ US /ɪ,moʊt.iˈkɑː.nə.mi/
an economic system that is based on the activities people and businesses engage in to make the world a better and happier place

But arguing that capitalism should be unfettered and amoral is itself a political position. No business is without its ideals in the new “emoticonomy”. This is not a circumstance created accidentally by political parties, activists or workers, but deliberately, by businesses. It has been going on for some time.
[newstatesman.com, 20 October 2021]

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