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A welcome sale – The Hindu (Jun 30, 2017)

Editorial Words

A welcome sale – The Hindu (Jun 30, 2017)

With the Union Cabinet’s ‘in-principle’ approval for the sale of Air India and five of its subsidiaries, a long-standing demand on the reform checklist has been ticked.  For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1

  1. in principle (phrase) – generally, by and large; theoretically.
  2. longstanding (adjective) – long-term, persistent, perennial.
  3. rationale (noun) – reason/basis; principle; motivation.
  4.  shovel (verb) – finish, consume, devour (quickly & in large quantities).
  5. afloat (noun) – out of debt or difficulty.
  6. cater (verb) – service, accommodate, provide for.
  7. bankrupt (noun) – insolvent, financial ruin, failure/collapse.
  8. starve of (verb) – deprive of /need of (something).
  9. bailout (noun) – an act of providing financial help to a failing business.
  10. turnaround plan/strategy (noun) – a plan or strategy to stop a company’s poor performance and to recover it as financially successful.
  11. debt (noun) – liability, financial obligation, borrowed capital.
  12. foot (verb) – pay, pay the bill, settle up.
  13. write-off (noun) – an elimination of a bad debt from the account.
  14. eventual (adjective) – final, ultimate, end.
  15. stake (noun) – share, investment, interest.
  16. bid (verb) – offer, tender, propose.
  17. non-core asset (noun) – a asset of an enterprise which is either not essential or simply no longer used in its business operations.
  18. go (verb) – functioning properly.
  19. disinvestment (noun) – the process of reducing capital investments.

Note:

  1. 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/.
  2. 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. Use it with the corresponding article published on the source (website) via the link provided. 
  3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
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