The Hindu Editorial (Central bank recap) – Nov 29, 2018
There are two important takeaways from the deposition of Reserve Bank of India Governor Urjit Patel before the Parliamentary Standing Committee on Finance on Tuesday. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Central bank recap) – Nov 29, 2018.
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Today’s word list-1 The Hindu Editorial (Central bank recap) – Nov 29, 2018:
- recap (noun) – summary, synopsis, abstract/abridgement.
- deposition (noun) – statement, affirmation, assertion/attestation.
- detente (noun) – restoration of harmony, agreement, compromise/understanding.
- takeaway (noun) – a key point/idea/fact (to be remembered).
- over the hump (phrase) – on the road to recovery, getting better, making progress (from the difficult/worst part).
- non-performing assets (NPAs) (noun) – bad loans, troubled accounts, stressed loans; an account where principal and/or interest remains overdue for a period of time.
- slippage (noun) – failure to accomplish/complete a task. Fiscal slippage means the missing fiscal targets in the country’s budget.
- heap (noun) – accumulation, pile, quantity/lot.
- skeleton in the cupboard/closet (phrase) – (embarrassing & unpleasant) things in a person’s past that he/she wants to be (kept) hidden/disclosed.
- onerous (adjective) – arduous, demanding, tough/ formidable.
- hair-cut (noun) – a reduction in the mentioned value of an asset.
- insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
- wary (adjective) – cautious, careful, circumspect.
- portfolio (noun) – a variety of products or services (investments, shares, bonds).
- forge (verb) – build, form, create.
- reserves (noun) – funds (resources as stock/reservoir).
- nip something in the bud (phrase) – obstruct, block, stop.
- preserve (noun) – department, domain, field.
- gorilla/elephant in the room (phrase) – it is mostly used to refer to a serious problem — one which people are aware of, but choose to ignore. They think that if they do not talk about it, the problem will somehow go away.
- cast a shadow over (phrase) – spoil, diminish, let down.
- tenure (noun) – term, period, time (in office).
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/.bigotry, narrow-mindedness
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.
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
Today’s word list-1 The Hindu Editorial (Central bank recap) – Nov 29, 2018:
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