A neologism - is a new lexical unit introduced into a language to denote a new object or phenomenon. Neologisms are often directly attributable [əˈtrɪbjʊtəbl] to a specific person, publication, period, or event. New words, as a rule, appear in speech of an individual person who wants to express his idea in some original way. New lexical units are used by university teachers, newspaper reporters, by those who are connected with mass media. Neologisms can develop in three main ways: 1. Semantic neologisms-a lexical unit existing in the language can change its meaning to denote a new object or phenomenon. In such cases we have semantic neologisms, e.g. the word «umbrella» developed the meanings: «авиационное прикрытие», »политическое прикрытие». 2.) Lexical Neologisms-A new lexical unit can develop in the language to denote an object or phenomenon which already has some lexical unit to denote it. In such cases we have transnomination, e.g. the word «slum» was first substituted by the word «ghetto» then by the word-group «inner town». 3.) Nonce words (occasional words)-A new lexical unit can be introduced to denote a new object or phenomenon. In this case we have «a proper neologism», many of them are cases of new terminology. At the present moment English is developing very swiftly and there is so called «neology blowup. Ways and Means of Enriching English Vocabulary in the 21st century Affixation: Superculture (2012)- high culture Boysy (2008)-is characteristic for boys or young men Conversion: To skype(2013)- to have a spoken conversation with someone over the internet using the skype The best , n ( 2014) – that which is the most excellent Compounding: Workaround (2014)is a method for overcoming a problem Last call (2014) -an expression used to inform customers that closing time is approaching Shortening: FLOTUS (2015) first lady of the United States, Ship(2015)-relationship Brexit (2012) – a term for the potential departure of the UK from the EU. Borrowing: ”vuvuzela” means “long horn blown by fans at soccer matches in South Africa”, (2011); “baon”means “money, food, or other provisions taken to school, work, or on a journey”, ( 2015) We we can point out several semantic groups when we analyze the group of neologisms connected with computerization, and here we can mention words used: In the sphere of lingusitics we have such neologisms as: machine translation, interlingual / an artificial language for machine translation into several languages / and many others. In the sphere of biometrics we have computerized machines which can recognize characteristic features of people seeking entrance : finger-print scanner / finger prints/, biometric eye-scanner / blood-vessel arrangements in eyes/, voice verification In fashion industry:"cool hunter” n.is one who predicts new styles and trends, (2009); “Selfie” n.is “a photograph that one has taken of oneself”, (2014); Technological neologisms:“phablet” n.-means a “mobile smartphone with ambitions to be a tablet computer” (2010); , super-computer, multi-user, neurocomputer / analogue of a human brain/; “generation text” n.means “the generation of young people who are growing up in the age of text messaging”, (2014); Political neologisms:“Chindia“ n.denotes “China and India considered together in economic and strategic terms”, (2004); Internet communication :“itwitterate” n. denotes the people, who do not know how to use Twitter, (2012); “Facebookable”adj. means “something that is considered appropriate enough to be viewed publicly on facebook amongst your friends, family”, (2012); Food neologisms: “wine o’clock” n.-means a time of day for starting to drink wine, (2015); “Frankenfood” -is "genetically modified food”, (2012); Language is never stationary. New words are constantly being formed; living words are constantly changing their meanings, expanding, contracting, gaining or losing caste, taking on mental, moral, or spiritual significance; and old words, though long sanctioned by custom, sometimes wither and die.