The Hindu Editorial (Not just liquidity) – Oct 16, 2018
The default of Infrastructure Leasing & Financial Services (IL&FS) on several of its debt obligations over the last couple of months has raised serious. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Not just liquidity) – Oct 16, 2018.
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Today’s word list-2 for The Hindu Editorial (Not just liquidity) – Oct 16, 2018:
- liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
- default (noun) – non-payment, failure to pay, non-remittance
- debt obligation (noun) – debt/liability (loans, bonds, leases, and other debt instruments), financial obligation, borrowed capital.
- debt pile (noun) – debt accumulation.
- saga (noun) – chain/series of events.
- underlying (adjective) – fundamental, basic, primary.
- sustain (verb) – continue, carry on, protract.
- shaky (adjective) – questionable, unreliable, undependable.
- roll over (phrasal verb) – contrive, manage, extend (a financial obligation/arrangement).
- credit crunch (noun) – economic decline, downturn, credit squeeze.
- aftermath (noun) – consequence, result/outcome, repercussion.
- put an end to (phrase) – end, stop, abolish.
- amidst (preposition) – amid, in the middle of; during.
- precipitous (adjective) – sudden, rapid, quick.
- defining moment (noun) – a point in life when someone is urged to make an important decision, or when someone experience something that fundamentally changes everything.
- fuel (verb) – stimulate, boost, support.
- demise (noun) – end, failure, collapse/downfall.
- be bogged down (phrasal verb) – prevent, entangle, restrict/be stuck.
- non-performing loans (noun) – bad loans; non-performing assets (NPAs), troubled accounts, stressed loans; an account where principal and/or interest remains overdue for a period of time.
- systemic (adjective) – constructional, organizational.
- warrant (verb) – justify, vindicate, validate.
- fraught with (adjective) – full of, filled with, loaded with.
- in the midst of (phrase) – in the middle of.
- prolonged (adjective) – continuous, ongoing, persistent.
- unsustainable (adjective) – undefendable, unjustified/insupportable, irrational.
- bubble (noun) – a situation when the prices of something rise so sharply above their intrinsic (basic) value and making a sudden collapse.
- bailout (noun) – an act of providing money or financial assistance by the outside investors (usually given by the government) to organisations/industries which faces serious financial difficulty, that are on the verge of going bankrupt.
- hazard (noun) – danger, risk, peril.
- lifeline (noun) – preservation, conservation, means of escape.
- tap (into) (verb) – draw on, exploit, make use of/utilize.
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 (Not just liquidity) – Oct 16, 2018:
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