Not really, there is an office at the Vatican charged with maintaining orthodox Latin, and they are also responsible for neologisms for contemporary concepts, so that they can weigh in on cell phones, hot dogs, or weapons of mass destruction.

https://www.vatican.va/roman_curia/institutions_connected/latinitas/documents/rc_latinitas_20040601_lexicon_it.html

One example:

“hot pants” -> “brevíssimae bracae femíneae”