The term raises questions: Okay, so, what does it mean? How 'pseudo' is psuedo? And that's the point: When you pseudonimize data, you must ask those questions and there is no black and white anymore.
My go-to example to explain this is very simple: Let's say we reduce birthdate info to just your birthyear, and geoloc info to just a wide area. And then I have an pseudonimized individual who is marked down as being 105 years old.
Usually there's only one such person.
I invite everybody who works in this field to start using the term 'pseudonimization'.