The Hindu Editorial (Delaying the inevitable) – Sep 17, 2021

The Union Cabinet’s approval on Wednesday of a relief-cum-reforms package for the financially stressed telecom sector, though verily a step in the right direction, is at best only likely to delay the inevitable. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Delaying the inevitable) – Sep 17, 2021.

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The Hindu Editorial (Delaying the inevitable) – Sep 17, 2021:

the inevitable (noun) – an unavoidable situation, an unpreventable situation.
relief (noun) – (financial) help, aid, assistance, succour.
telco (noun) – Telephone company, a provider of telecommunications services.
stressed (adjective) – strained, troubled, distressed, suffering, struggling (mainly due to debt/dues); cash-strapped.
verily (adverb) – definitely, certainly, undoubtedly.
a step in the right direction (phrase) – an action or decision or move that increases possibilities of achieving something (e.g. success).
at best (phrase) – only, merely, nothing but, no more than.
likely (adverb) – probably, in all probability, presumably, doubtlessly.
tacit (adjective) – implicit, understood, implied, hinted, suggested.
acknowledgment (noun) – acceptance, admission, recognition, realization.
stress (noun) – (financial) trouble, difficulty, distress, suffering; strain, pressure.
as well as (phrase) – and also, and in addition.
far-reaching (adjective) – sweeping, overarching, extensive, profound, comprehensive.
consequence (noun) – outcome, ramification, repercussion.
protracted (adjective) – lengthy, prolonged, extended, very long, lingering, never-ending.
distress (noun) – difficulty, trouble, hardship.
moratorium (noun) – a temporary suspension/postponement of activity (for example; payment of a debt).
outstanding (noun) – pending; unpaid, unsettled, owing, payable, overdue.
Adjusted Gross Revenue (AGR) (noun) – the usage and licensing fee that telecom/DTH operators are charged by the Department of Telecommunications (DoT). According to the DoT, the calculations should incorporate all revenues earned by a telecom company – including from non-telecom sources such as deposit interests and sale of assets.
spectrum (noun) – airwaves; it refers to a range of electromagnetic (radio) waves that are used for communication purposes (to transmit signals over specific bands).
dues (noun) – payment (which is (long) pending).
measure (noun) – action, step, procedure.
ease (verb) – lessen, reduce, decrease.
venture (noun) – (business) enterprise, undertaking, operation, activity.
erstwhile (adjective) – old, previous, former, then.
defer (verb) – postpone, put off, delay, hold off.
obligation (noun) – indebtedness, debt, liability (usually liabilities).
service (verb) – pay interest on (a debt).
space (noun) – period, span, time, interval; elbow room, flexibility, freedom from restriction.
vital (adjective) – key, essential, important.
woes (noun) – trouble, difficulty, problem.
deeper comparative adjective of deep (adjective) – intense, heavy, serious.
symptomatic (adjective) – indicative, signaling, warning.
malady (noun) – a serious problem.
pare (verb) – reduce, diminish, decrease, cut.
state-owned (adjective) – government-owned.
deep-pocketed (adjective) – affluent, rich; relating to something/someone with abundant financial resources.
take-no-prisoners (phrase) – be aggressive, be uncompromising, show no mercy approach (an informal military term).
trigger (verb) – cause, prompt, give rise to, bring about.
price war (noun) – a situation in which competitors lower prices for their product/service to gain business.
depress (verb) – upset, distress, cause suffering to.
bleed (verb) – drain, exhaust, sap, deplete, deprive, empty, reduce.
legacy (adjective) – relating to something that has been superseded but is difficult to replace due to its wide use.
in the red (phrase) – in debt, in deficit, owing money, in arrears, showing a loss.
after-effect (noun) – repercussion, aftermath, consequence.
bruising (adjective) – stressful, demanding/taxing, painful.
plunge (noun) – fall, drop, tumble, slump.
floor price (noun) – a minimum price required of an item being auctioned.
skirt (verb) – avoid, evade, steer clear of, sidestep, dodge, circumvent, bypass.
to be sure (phrase) – certainly, surely; used to highlight something.
sought past participle seek (verb) – try, aim, attempt.
address (verb) – tackle, deal with, attend to, try to sort out.
anomaly (noun) – something different, abnormal, unusual; oddity, peculiarity, deviation, aberration, exception.
regime (noun) – system.
lead to (verb) – result in, cause, bring on.
build-up (noun) – increase/accumulation, expansion, enlargement.
ultimately (adverb) – eventually, in the end, finally.
litigation (noun) – legal action, lawsuit, legal case.
long-standing (adjective) – persistent, continuing (for a long time).
incur (verb) – suffer, sustain, experience, bring upon oneself.
norm (noun) – standard, convention, criterion, rule.
prospects (noun) – chances, possibilities, expectations, outlook, future.
diminish (verb) – decrease, decline, reduce, dwindle.
duopoly (noun) – it is used to describe any market where two firms dominate.
categorically (adverb) – unqualifiedly, unconditionally, unequivocally, absolutely, explicitly, unambiguously, certainly, directly, completely.
telling (adjective) – striking, strong, significant, important.
equity (noun) – the amount of capital invested or owned by the owner of a company.
throw in the towel (phrase) – admit defeat, concede defeat, give up, give in, surrender, capitulate, give way, back down.
too little and too late (phrase) – blaming someone for not doing enough to prevent a problem and/or blaming someone for taking action only after the problem had become very bad.