The Hindu Editorial (Saving Jet) – Mar 28, 2019

The decision of Naresh Goyal and Anita Goyal, his wife, to step down from the board of Jet Airways and cede control to its lenders has come not a moment too soon. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Saving Jet) – Mar 28, 2019.

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Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (Saving Jet) – Mar 28, 2019:

land in the lap of someone (phrase) – if something (a problem) lands in a lap of someone, they are pushed to tackle it even though if it is not their job/task.
step down (phrasal verb) – resign, give up one’s job, stand down.
cede (verb) – yield, give up, relinquish.
let go (phrase) – release one’s hold on, give up, relinquish (grip).
brink (noun) – edge/verge/end (of something).
imperil (verb) – endanger, jeopardize, risk.
outstanding (adjective) – unpaid/undue, unsettled, payable.
debt (noun) – indebtedness, financial obligation, liability.
prod (verb) – motivate, encourage, persuade.
step in (phrasal verb) – intervene, intercede, become involved.
rescue (adjective) – relating to an act of saving (from difficulty/danger); bail out, lend a hand.
stake (noun) – share, investment, involvement.
keep one’s side of the bargain (phrase) – to do as promised in the agreement.
in the meanwhile (adverb) – for now, for the present, meantime.
nosedive (verb) – deteriorate, decline, fall sharply.
repossess (verb) – retrieve, regain, get back.
lessor (noun) – proprietor, property owner.
go for a toss (phrase) – used for a situation which is out of control/difficult to control or manage.
a host of (noun) – multitude, lot, large number.
pilot (verb) – test, trial, try out ( a scheme).
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.
truant (adjective) – wandering; straying.
high-profile (adjective) – most important, prominent.
ill-suited (adjective) – unsuitable, inappropriate.
precedent (noun) – previous example/instance, prior instance, exemplar.
defaulter (noun) – a person who is (purposefully) not repaying banks/lenders’ debt on time for various reasons.
tentacle (noun) – one of the long, flexible arms of an animal (such as an octopus) that are used for grabbing things and moving : tentacles [plural] often disapproving : power or influence that reaches into many areas (Courtesy: VOA Learning English).
fugitive (adjective) – escaping, runaway, fleeing.
bailout (noun) – an act of providing financial help/support by the outside investors to a bank/institution which faces serious financial difficulty.
intact (noun) – undamaged, unimpaired, unflawed.
offload (verb) – transfer, shift, jettison/divest.
guard against (verb) – be alert to, take care for, keep watch for.
recalcitrant (adjective) – wilful, uncooperative, obstinately disobedient.