Space for a cut – The Hindu (Aug 03, 2017)

Space for a cut – The Hindu (Aug 03, 2017)

By cutting the policy repo rate by 25 basis points, the Reserve Bank of India has opted to play safe while nominally acceding to the clamour for softer lending rates…. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1

1. 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.
2. flag (verb) – indicate, identify, point out.
3. play safe (phrase) – take precautions; avoid risks.
4. accede (verb) – agree to, consent to, accept/endorse.
5. clamour (noun) –  demands, calls; protests.
6. hinge on (verb) – be dependent, be contin demands, calls; protests.gent, be based.
7. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
8. materialise (verb) – happen, take place, occur.
9. core inflation (noun) – it is a measure of the total inflation within an economy, excluding commodities such as food and energy prices (which change frequently).
10. roll-out (noun) – official launch / introduction.
11. trajectory (noun) – course, route, path.
12. welter (noun) – confusion, tangle; a state of disorder.
13. deter (verb) – prevent, stop, fend off.
14. abidingly (adverb) –  in a way something is enduring, lasting, persisting.
15. benign (adjective) – favourable, advantageous, beneficial.
16. Traverse (verb) – travel/journey over/across, cross, go across, pass over.
17. remit (noun) – area of responsibility, area of activity, task, scope.
18. transitory (adjective) – temporary, short-lived, short-term.
19. elusive (adjective) – difficult to find/define/understand.
20. spur (verb) – stimulate, encourage, motivate/urge.
21. tail risk (noun) – it is the additional risk of an asset or portfolio of assets moving more than 3 standard deviations from its current price, above the risk of a normal distribution (Courtesy: wikipedia).
22. germane (adjective) – relevant, pertinent; appropriate; related
23. check (verb) – halt, stop, slow (the progress of something undesirable).
24. outlook (noun) – prospects, lookout, future.
25. respondent (noun) – litigator, opponent, disputant.
26. moderation (noun) – reduction, abatement, decrease.
27. preceding (adjective) – foregoing, previous, prior/earlier.
28. presage (verb) – portend, augur, foretell.
29. uptick (noun) – a small increase.
30. underlying (adjective) – fundamental, basic, essential.
31. impulse (noun) – (strong) urge, compulsion, need.
32. onus (noun) – responsibility, duty, burden.
33. thrust (noun) – force, push, pressure.
34. revival (noun) – improvement, betterment; re-establishment.

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. 

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