Sorry, but technically wrong . . .
Albino indicates lack of pigment . . . any pigment. Be it missing black, red, or yellow, albino would indicate that "it" is lacking pigment. This is why I find calling an Amel a Red Albino as a ton more accurate than just calling it an albino (same with Anerys being called Black Albino). Most people get confused on the usage of the word Albino because they assume it means a white animal.
Hope that makes sense,
D80