The Hindu Editorial (Full disclosure) – Nov 15, 2018
After the IL&FS crisis, the Securities and Exchange Board of India is now trying to increase the level of scrutiny on credit rating agencies that failed to warn investors about it. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Full disclosure) – Nov 15, 2018.
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Today’s word list-2 for The Hindu Editorial (Full disclosure) – Nov 15, 2018:
- disclosure (noun) – report, declaration, announcement.
- credit rating (noun) – an assessment of the probability of default on payment of interest and principal on a debt instrument (Courtesy: www.sebi.gov.in).
- credit rating agency (CRA) (noun) – a credit rating agency is an entity which assesses the ability and willingness of the issuer company for timely payment of interest and principal on a debt instrument (Courtesy: www.sebi.gov.in)
- accountability (noun) – responsibility, liability, answerability.
- come out with (phrasal verb) – let out, say, speak.
- liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
- transparency (noun) – clarity, straightforwardness, openness.
- call for (phrasal verb) – require, make necessary, demand.
- default (noun) – non-payment, failure to pay, non-remittance
- ensuing (adjective) – following, developing, happening (after as a result).
- one way or the other (phrase) – by some means.
- flawed (adjective) – inaccurate, incorrect, wrong.
- conflict of interest (noun) – a situation in which a person cannot do his/her job fairly because he/she has the power to decide something in a way that would be to his/her advantage, although this may not be the best decision.
- oligopoly (noun) – something is dominated by a small number of large/powerful people.
- flourish (verb) – thrive, prosper, be strong.
- plague (verb) – afflict, torment, trouble.
- lucrative (adjective) – profitable; productive; successful.
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.
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
Today’s word list-2 for The Hindu Editorial (Full disclosure) – Nov 15, 2018:
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