The Hindu Editorial (Sentiment booster) – Aug 24, 2019

For an economy that is downbeat in growth and in sentiment, the comprehensive package of measures announced by Finance Minister Nirmala Sitharaman on Friday may just be the right boost. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Sentiment booster) – Aug 24, 2019.

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Today’s word list-1 for The Hindu Editorial (Sentiment booster) – Aug 24, 2019:

slowdown (verb) – economic decline, recession, slump/depression.
roll back (phrasal verb) – reverse the progress of something.
downbeat (adjective) – gloomy/pessimistic, negative/hopeless, alarmist.
comprehensive (adjective) – wide-ranging, all-inclusive, complete.
address (verb) – attend to, tackle, deal with.
concede (verb) – admit, acknowledge, accept.
depreciation (noun) – devaluation, decrease in value, reduction.
accelerated depreciation (noun) – a depreciation method whereby an asset/ something loses book value at a faster rate than the traditional method.
deferment (noun) – postponement, delay, rescheduling.
set in (phrasal verb) – begin, start, arrive.
consequent (adjective) – associated, related, connected, linked.
recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
repo rate (noun) – it is the rate at which the central bank of a country (RBI in case of India) lends money to commercial banks in the event of any shortfall of funds.
consumer durables (noun) – manufactured products/goods (such as TV, fridge, AC, motorbike, car & etc) which last for an extended period of time.
roll-back (noun) – reduction, cut/decrease, trimming.
foreign portfolio investor (noun) – Investors investing in financial assets, such as shares, government bonds, corporate bonds, convertible securities, infrastructure securities etc in a foreign country.
angel tax (noun) – a tax that is levied on the funding received by startups from an external investor. The 30% tax is levied when startups receive angel funding at a valuation higher than its ‘fair market value’.
non-compliance (noun) – disobedience, indiscipline, misconduct.
corporate social responsibility (CSR) – the ethical role of the corporation (private business) in society.
norm (noun) – standard, convention, regulation.
decriminalise (verb) – make legal, legitimate, validate.
the ground (noun) – the real world, real life, actuality.
mayhem (noun) – chaos, disorder, turmoil/unrest.
go a long way (phrase) – achieve great success.
expedite (verb) – speed up, accelerate, quicken; stimulate, boost, forward/press.
stretch (verb) – strain, demand, overtax.
takeaway (noun) – a key point/idea/fact.
jibe (verb) – an insulting /mocking remark.
Gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
on the rails (phrase) – functioning in a normal way.
(at) the hands of (phrase) – as a consequence of actions (suffer, get hurt & be treated badly by someone).
take the ball and run (phrase) – to continue an activity/process that someone else has started as a means to see if it will be successful not not.