The Hindu Editorial (Guarding the peso) – Jun 01, 2018

Argentina is not alone among major emerging economies in trying to weather the current run on currencies due to the rallying U.S. dollar and rising interest rates. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Guarding the peso) – Jun 01, 2018.

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Today’s word list-2 for The Hindu Editorial (Guarding the peso) – Jun 01, 2018:

credentials (noun) – achievement, record, quality/experience.
on the line (phrase) – at risk, in danger, endangered.
weather (verb) – survive, come through, outlive (a difficulty).
run (noun) – demand for, rush for, sudden request for.
rally (verb) – recover/increase/rise after a fall/tumble/decline/slump (currency value).
recurrent (adjective) – repeated, recurring, regular.
concern (noun) – responsibility, importance, matter of interest.
stake (noun) – share, financial interest, investment.
sovereign debt issue (phrase) – it is generally defined as economic and financial problems caused by the (perceived) inability of a country to pay its public debt/borrowing.
optimistic (adjective) – confident, hopeful, positive.
fiscal deficit (noun) – In simple language, the difference between total revenue and total expenditure of the government is termed as fiscal deficit. it is the amount by which government expenses exceed income.
prevailing (adjective) – existing, present, current.
nevertheless (adverb) – notwithstanding, nonetheless, in spite of that/however.
greenback (noun) – a dollar, a legal tender note (U.S).
shore up (phrasal verb) – support, assist, prop up (with some fund/finance to stop declining).
hostile (adjective) – aggressive, confrontational, belligerent.
to the tune of (phrase) – amounting to.
unleash (verb) – let loose, release, set free.
unrest (noun) – disruption, upheaval/disorder, turmoil.
vis-a-vis (preposition) – in relation to, with regard to.
successor (noun) – heir, descendant; next in line.
lampoon (verb) – criticize, ridicule, make fun of.
hedge fund (noun) – private investment funds that promise great rewards, but also present great risks to both investors and the economy
hold out against (phrasal verb) – resist, withstand, hold/fend off.
vulture (noun) – something/someone which exploits others.
neo-keynesian (adjective) – relating to the school of thought in modern macroeconomics that evolved from the ideas of John Maynard Keynes (a British economist). Keynesian supporters believe capitalism is a good system. They believe government should play an active role in controlling the economy,
neoliberal (adjective) – relating to an economic policy model that supports value of free market competition by the private sectors which with little government control over it.
prudent (adjective) – wise, advisable, sensible.
profligacy (noun) – wastefulness/expenditure (of resources).
avert (verb) – prevent, stop, avoid.

Note:

Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context.
This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.