Testing times – The Hindu (Dec 29, 2017)

Testing times – The Hindu (Dec 29, 2017)

The Central government has been working hard to address India’s twin balance sheet problem, but it hasn’t had much to show in the form of results. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. menace (noun) – threat, danger, risk/peril.
2. viable (adjective) – feasible, practical, realistic.
3. ail (verb) – trouble, bother, burden/afflict.
4. non-performing asset (NPA) (noun) – an account where principal and/or interest remains overdue for a period of time; stressed asset.
5. deteriorate (verb) – worsen, get worse, decline.
6. turn the corner (phrase) – improve, get better, pick up.
7. undertake (verb) – begin, start, embark on.
8. 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.
9. insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
10. imperfection (noun) – defect, fault, shortcoming.
11. recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
12. capital cushion (noun) – capital buffer; necessary capital that financial institutions are required to hold in addition to other minimum capital requirements.
13. induce (verb) – persuade, convince, prompt/encourage.
14. debt (noun) – liability, financial obligation, borrowed capital.
15. rein in (verb) – restrict, control, regulate.
16. reckless (adjective) – careless, thoughtless, incautious.
17. systemic (adjective) – organizational, configurational, formational.
18. unsustainable (adjective) – indefensible, undefendable, unarguable/insupportable.
19. stress (verb) – emphasize, underline, underscore.
20. stake (noun) – share, interest, financial interest/investment.

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.