The Hindu Editorial (A welcome retreat) – Aug 10, 2018

In just under 12 months since its introduction in Parliament, the Centre has quietly withdrawn the Financial Resolution and Deposit Insurance Bill, 2017. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (A welcome retreat) – Aug 10, 2018.

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Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (A welcome retreat) – Aug 10, 2018:

retreat (noun) – withdrawal, pull back, retraction.
provision (noun) – term, clause, requirement/condition.
undoing (noun) – downfall, defeat, failure/collapse.
bail-in (noun) – a way of helping a bank or other institution in financial difficulty, in which people/creditors of the bank to bear some of the burden by cancelling a part of the debt they are owed.
lendable (adjective) – available for lending.
apprehend (verb) – expect, predict/contemplate, perceive (something with fear).
hard-earned (adjective) – relating to something earned by working hard.
partake in (verb) – participate in, take part/join in, engage in.
on account of (phrase) – because of, owing to, as a consequence of.
strenuous (adjective) – arduous, difficult, hard/taxing.
rationale (noun) – reason/basis; principle.
exertion (noun) – effort, strain, hard work.
make headway (phrase) – make progress, advance, proceed.
comprehensive (adjective) – thorough, full/in-depth, extensive.
deem (verb) – regard as, consider; think/judge.
dispensation (noun) – system, arrangement, organization.
bust (noun) – a period of economic difficulty.
contagion risk (noun) – also called as systemic risk; financial difficulties at one or more bank(s) spread to a large number of other banks or the financial system as a whole.
reappraise (verb) – rethink, review, revise.
bankruptcy (noun) – legal state of insolvency. An individual or organisation is declared bankrupt if a court judges that the party involved can no longer meet debt payments to creditors. it is defined as the outcome of a legal procedure.
ought to (modal verb) – must, should.
insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
debt resolution (noun) – debt settlement; an attorney negotiated agreement between the debtor & creditor that the debtor can pay off a either percentage of overall debt or a reduced balance in full.
liquidate (verb) – close down, wind up/dissolve, terminate.
anomaly (noun) – abnormality/irregularity, oddity, deviation.
beleaguered (adjective) – troubled, hard-pressed, under-stressed.

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.
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