Snarky question used to imply that whatever the previous speaker was describing, the real subject matter at hand is sex: Alternate phrasings include "Is that what you kids are calling it these days?" and "Well, I've never heard it called that before." While not limited to either gender, it does seem to be applied to eager young females most often, usually by older women who may feel threatened by them. See also Have a Gay Old Time. Contrast Accidental Innuendo. Examples of Is That What They're Calling It Now? include: