The most common and most likely answer to this crossword clue is the 4 plus 4 letter word BUZZ WORD
I've seen this crossword clue in The Daily Telegraph
B
U
Z
Z
W
O
R
D
More clues leading to the result BUZZ WORD
Buddy explains!
The straight part
We know that "new term" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case new term = buzz word.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does BUZZ WORD mean?
BUZZ WORD noun- A word drawn from or imitative of technical jargon, and often rendered meaningless and fashionable through abuse by non-technical persons in a seeming show of familiarity with the subject.