The Hindu Editorial (Resolution, at last) – Mar 11, 2019
The National Company Law Tribunal’s approval of ArcelorMittal’s bid for the insolvent Essar Steel Ltd. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Resolution, at last) – Mar 11, 2019.
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Today’s word list-2 for The Hindu Editorial (Resolution, at last) – Mar 11, 2019:
- at last (phrase) – finally, in the end, at long last.
- insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
- 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.
- debt (noun) – liability, financial obligation, borrowed capital.
- fledgling (adjective) – emerging, beginning, developing.
- haircut (noun) – a reduction in the mentioned value of an asset.
- precedent (noun) – previous example/instance, prior instance, exemplar.
- default (verb ) – fail to pay, not pay, renege.
- marquee (noun) – greatest, leading, foremost.
- at stake (phrase) – at risk or issue.
- insolvent (adjective) – bankrupt, collapsed, defaulting.
- underlying (adjective) – fundamental, basic, primary.
- underlying (adjective) – fundamental, basic, primary.
- culmination (noun) – completion, finish, conclusion.
- leg-up (noun) – support provided to improve one’s situation; contribution, allowance, benefaction.
- go-ahead (noun) – permission, consent, licence.
- appellate (noun) – (of a court) dealing with cases on appeal to review the decision of a lower court.
- account for (phrasal verb) – constitute, make up, comprise/form.
- defaulter (noun) – a person who is (purposefully) not repaying banks/lenders’ debt on time for various reasons.
- pile-up (noun) – accumulation, heap.
- resolution (noun) – conclusion, result, decision.
- tie down (phrasal verb) – restrain, limit, constrain.
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/.bigotry, narrow-mindedness
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 The Hindu Editorial (Resolution, at last) – Mar 11, 2019:
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