Cautious optimism – The Hindu (Jan 30, 2018)

Cautious optimism – The Hindu (Jan 30, 2018)

The Economic Survey for 2017-18 paints the picture of an economy that gives reason for both optimism and caution. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. optimism (noun) – hopefulness, confidence, positiveness.
2. underscore (verb) – call attention to, emphasize, highlight.
3. paint the picture of (phrase) – tell, describe, outline.
4. reinstate (verb) – bring back, reinstitute, re-establish.
5. prognosis (noun) – forecast, prediction, projection.
6. insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
7. 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.
8. debt (noun) – liability, financial obligation, borrowed capital.
9. recapitalise (verb) – substantial change in a company’s capital structure by providing more capital, especially by replacing debt with stock. recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
10. fair wind (noun) – (figuratively) favourable situation.
11. vigilant (adjective) – watchful, on the lookout, observant.
12. macroeconomic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
13. persistently (adverb) – continuously, incessantly, without stopping.
14. exemplary (adjective) – perfect, ideal/model, flawless.
15. stewardship (noun) – it is a set of principles that forms the responsible planning and management of resources. Stewardship can be applied to the environment and nature, health, technology, economics and etc.
16. flag (verb) – indicate, identify, point out.
17. indices – plural of index (noun) – measure; guide, indication.
18. sanguine ( adjective) – optimistic, positive, hopeful.  anguineness (noun) – optimism/hopefulness.
19. capital outflow (noun) – capital (money/assets) flowing out of (or leaving) a particular country’s economy.
20. choke off (phrasal verb) – terminate, to bring to an end, to prevent/restrict something (positive) from happening.
21. nascent (adjective) – (of an idea /organisation) starting/beginning/coming to exist; incipient, budding.
22. contend (verb) – assert, claim, affirm.
23. onus (noun) – responsibility, duty, burden.
24. squarely (adverb) – precisely, exactly, directly.
25. ambitious (adjective) – challenging, demanding, formidable.
26. (fiscal) consolidation (noun) – efforts/steps/strategies of the government to reduce the fiscal deficit and public debt.
27. calibrate (verb) – carefully assess/modify/regulate.
28. elbow room (noun) – space, scope, freedom/leeway.
29. climate change (noun) – a long-term change in the Earth’s climate, or of a region on Earth (Courtesy: NASA).
30. mitigation (noun) – alleviation, reduction; lessening.
31. irrigation (noun) – supply of water to farm land to grow crops & plants.

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. Use it with the corresponding article published on the source (website) via the link provided. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.