Oiling cashless wheels – The Hindu (Jan 10, 2017)

Oiling cashless wheels – The Hindu (Jan 10, 2017)

The threat by petroleum retailers to stop accepting credit and debit card payments led to a late-night intervention on Sunday by the Centre,……  For further reading, visit “The Hindu”.

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Word List-1:

1. oil the wheels (phrase) – to make things happen smoothly.
2. intervention (verb) – mediation, arbitration, peacemaking.
3. put off (phrasal verb) – postpone, defer/delay, reschedule.
4. red flag (noun) – warning, caution, admonition.
5. waive (verb) – forgo, drop; renounce.
6. bear (verb) – tolerate, accept, put up with.
7. out of line (phrase) – behave inappropriately.
8. facilitate (verb) – enable, assist, help.
9. tank up – fill a vehicle’s tank with fuel.
10. spat (noun) – disturbance, quarrel, scuffle/tussle.
11. foot (verb) – pay,  pay out, settle up.
12. subvention (noun) – grant, investment, allocation.
13. cash-lite (adjective) – relating to/denoting a policy which encourages the use of electronic means and cheques in financial transactions.
14. nudge (verb) – prompt, encourage, stimulate.
15. crisis of confidence (noun) – a condition in which public cease (stop) believing that something is right/good.
16. nod (noun) – signal, indication, sign.
17. rationalise (verb) – streamline, make more efficient, hone/simplify.
18. constitute (verb) – establish, create, set up.
19. moot (verb) – propose, suggest, organize.
20. transparency (noun) – clarity, clearness, lucidity.
21. liable to (adjective) – subject to (by law) .
22. road map (noun) – plan, strategy ( to achieve a goal).
23. suffice (verb) – be enough, be sufficient, be adequate.

Note:

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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. 

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