It refers to your many days software is available for, with zero implying it is not yet out so you couldn't have installed a new version and that's what makes it a risky bug

The term has long watered-down to mean any vulnerability (since it was always a zero-day at some point before the patch release, I guess is those people's logic? idk). Fear inflation and shoehorning seems to happen to any type of scary/scarier/scariest attack term. Might be easiest not to put too much thought into media headlines containing 0day, hacker, crypto, AI, etc. Recently saw non-R RCEs and supply chain attacks not being about anyone's supply chain copied happily onto HN

Edit: fwiw, I'm not the downvoter