The Hindu Editorial (Power games) – Sep 15, 2018

The Supreme Court has ordered a stay on the Reserve Bank of India’s February 12 circular asking banks to recognise loans as non-performing even if repayment was delayed by just one day, and resolve them within 180 days. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Power games) – Sep 15, 2018.

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Today’s word list-2 for The Hindu Editorial (Power games) – Sep 15, 2018

1. comply with (verb) – conform to, adhere to/respect, abide by.
2. stressed assets (noun) – non-performing loans/assets; an account where principal and/or interest remains overdue for a period of time.
3. undergo (verb) – experience, be subjected to, go through.
4. swift (adjective) – prompt, rapid/sudden, fast.
5. insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
6. 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.
7. overturn (verb) – reverse, overrule, nullify/cancel.
8. undermine (verb) – weaken, compromise, subvert.
9. contrast (noun) – difference, dissimilarity, variance.
10. spare (verb) – pardon, excuse, forgive/reprieve.
11. reprieve (noun) – cancellation, suspension, postponement (of something undesirable event).
12. intervene (verb) – intercede, get involved, step in.
13. unsustainable (adjective) – undefendable, unjustified/insupportable, irrational.
14. flaw (noun) – defect, fault/imperfection, limitation.
15. liquidate (verb) – close down, dissolve/wind up, put into liquidation (liquidation means conversion of assets into cash by selling them (to pay debts).
16. attribute (verb) – assign, credit, allocate.
17. overemphasis (noun) – amplification, excessiveness,, excessive emphasis.
18. emphasize (verb) – highlight, bring attention to, make a point of.
19. yield (verb) – provide, give, produce.
20. purview (noun) – range, scope, ambit.

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 (Power games) – Sep 15, 2018:

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