Srsly speaking, it doesn’t really. Every year, Oxford Dictionaries Online (ODO) adds about 1,000 new entries from the millions of words it tracks on a database. Approximately 150 million words are collected from sources around the world each month.
Today, the Oxford University Press announced the latest quarterly update to ODO.
While the new list of words is added to ODO, they haven’t been included in the Oxford English Dictionary (OED). ODO focuses on current English and modern uses of words, whereas words in the OED are never removed.
Are you curious to know which words related to the impact economy appear in the online version? Here’s some idea:
In the dictionary
Microcredit : the lending of small amounts of money at low interest to new businesses in the developing world.
Microfinance : another term for microcredit.
Social entrepreneur : a person who establishes an enterprise with the aim of solving social problems or effecting social change. (Also, social entrepreneurship is listed as a derivative of social entrepreneur.)
Not in the dictionary
Social impact bonds
Triple bottom line
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