To "coin a term" means to invent or create a new word or phrase, giving it a unique meaning, with common examples being Shakespeare inventing words, Robert Hooke coining "cell," or Hong-Yee Chiu coining "quasar". It's used to credit someone (or something) with originating a specific linguistic creation, like "stay hungry" (Steve Jobs) or "moonwalk" (The Police), and shows the origin of novel expressions.
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