The study aims to explore features of the realization of the neological potential of lexemes created or rethought by the new reality and included in the COVID-19 concept sphere. It identifies the specifics of derivation and lexical-semantic ways of forming these neologisms. The research material includes more than 1000 articles from the most influential Hispanic and French-language publications and correspondence of native speakers in social networks and telephone applications in a synchronous cut over eight months of the pandemic. A vital factor for choice of material refers to the fact that the mentioned channels have formed a global communication environment that intensively contributes to the creation and dissemination of neology products. The methodology rests on the discursive and communicative approaches. It includes analysis and synthesis of theoretical research and applies continuous sampling of research material from the mentioned sources. The study establishes that the multidirectional processes distinguish the media and social networks’ discourse during the pandemic. Changes in the lexical-semantic discourse are carried out by creating neologisms, which, along with borrowings assimilated into the grammatical system or functioning in parallel with the national concept definition, are productive means of replenishing the lexis. The semantic neology’s main mechanisms are metaphorization and metonymization and changes in the semantic volume of a lexeme. Modern new formations perform pragmatic functions, making it possible to strengthen the emotional and modal interaction. The author concludes that neological processes demonstrate each language’s national and cultural originality and establishes that the linguistic norm in Spanish and French discourse does not conflict with the “disruptive” nature of linguistic innovations. The society positively evaluates the formation of individual speech meanings and linguistic meanings and the expansion of their functioning boundaries.