The Hindu Editorial (Current account woes) – Dec 10, 2018

Editorial Words

6 years ago

The Hindu Editorial (Current account woes) – Dec 10, 2018

The latest trade figures published by the Reserve Bank of India confirm the damage caused by high global oil prices in the last few months. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Current account woes) – Dec 10, 2018.

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Today’s word list-1 The Hindu Editorial (Current account woes) – Dec 10, 2018:

woes (noun) – trouble, difficulty, problem.
current account deficit (CAD) (noun) – the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
contrast (noun) – difference, dissimilarity, variation.
widen (verb) – increase, swell/develop, make large/supplement.
trade deficit (noun) – a trade deficit (a deficit in the balance of trade) occurs when the value of a country’s imports exceeds that of its exports. It is also called a trade gap.
phenomenon (noun) – fact, situation, event/happening.
abate (verb) – decrease, reduce, diminish/lessen.
brent crude (noun) – a classification of crude oil produced from the oil platform in the North Sea.
volatility (noun) – fluctuation, inconsistency, unpredictability.
diversify (verb) – enlarge/expand, widen, branch out.
tap (into) (verb) – draw on, exploit, make use of/utilize.
perennial (adjective) – everlasting, unchanging, permanent.
per se (adverb) – (Latin phrase) as such; by definition, essentially.
capital inflow (noun) – a steady movement of capital (amount) into a place, economy, activity etc.
capital outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
brisk (adjective) – good, active, busy/lively.
dry up (phrasal verb) – fade away, dwindle, wane/subside.
liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
come under (phrasal verb) – be subjected to.
piecemeal (adjective & adverb) – a little at a time, bit by bit, in stages.
ill-advised (adjective) – unwise, misguided, short-sighted/thoughtless.
kick the can down the road (phrase) – delay, defer/put off, postpone; to avoid dealing with a difficult situation or making a hard decision until later.
over-reliance (noun) – excessive dependency.