The Hindu Editorial (Full disclosure) – Jun 15, 2019

Amidst the rising number of defaults by companies,… For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Full disclosure) – Jun 15, 2019.

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Today’s word list-2 for The Hindu Editorial (Full disclosure) – Jun 15, 2019:

disclosure (noun) – report, declaration, announcement.
norm (noun) – standard, criterion, measure.
framework (noun) – structure, scheme/system, organisation.
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)
default (noun) – non-payment, failure to pay, non-remittance
probability (noun) – the chance that something will happen; possibility.
downgrade (noun) – decline, lowering in status, reduction in rank.
debt instruments (noun) – a financial asset (bonds, loans, leases and etc) that is tradable; like bonds (government or corporate) and mortgages.
spate (noun) – series, flurry; a large number of something (taking place at the same period).
crack (verb) – solve/resolve, find the solution to, clear up.
(the) whip (noun) – something acting as a stimulus to action.
lay down (phrasal verb) – formulate, stipulate, set down.
benchmark (noun) – standard, guideline, basis.
unfounded (adjective) – groundless, baseless, unjustified.
catch napping (phrase) – catch off guard, find unprepared, take by surprise.
address (verb) – attend to, tackle, deal with.
align (verb) – place, position, set.
liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
stretched (adjective) – strained, overtaxed, overextended.
room (noun) – scope, capacity, leeway/freedom.
ambiguous (adjective) – arguable, debatable, questionable.
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.
plague (verb) – afflict, torment, trouble.
issuer-pays model (noun) – in this model, credit rating agencies charge issuers a fee for providing credit rating assessments.
viable (adjective) – possible, suitable, valid.
bottomline (noun) – the main factor.
discount (verb) – reject, ignore, dismiss/disregard, brush off.