My understanding is that "giclee" actually isn't even a French word, it's a word dreamed up from the actual French word for spraying or something like that. I hate the term myself, it screams "pretentious" and "marketing ploy" to me.
If I'm just showing prints (i.e. not for sale) I don't say anything. I never used to go into detail about the materials and methods used for darkroom prints and see no reason to do so for digital. If someone asks I tell them. If prints are for sale I call them ink jet prints made on such and such a paper. That's what they are and I see no reason to try to gussy up the description for marketing purposes. If the people like the photographs they buy them and don't care how they're made. If they don't like them they won't buy them no matter how they're made. If people were paying thousands of dollars for my photographs it might be different but unfortunately they're not.
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