Final answer:
The word 'buddy' can be seen as a neologism, illustrating informality in sociolinguistic contexts, while 'babe' conveys affection or attraction.
Explanation:
Neologism: The word 'buddy' can be considered a neologism as it represents a newly created term that is gaining popularity. With sociolinguistic context, 'buddy' can convey familiarity and informality, often used in casual interactions. On the other hand, the word 'babe' can convey endearment or attraction when referring to a significant other.
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