The Hindu Editorial (Market mayhem) – Mar 11, 2020

Editorial Words

5 years ago

The Hindu Editorial (Market mayhem) – Mar 11, 2020

Manic Monday saw India’s bellwether S&P BSE S ensex suffer its worst sin gle-day fall in terms of points as the 30-stock gauge plunged 1,942 points,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Market mayhem) – Mar 11, 2020.

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Today’s word list-1 for The Hindu Editorial (Market mayhem) – Mar 11, 2020

mayhem (noun) – disorder, turmoil, chaos, disturbance.
rout (noun) – fiasco, failure; demolition/defeat.
amid (preposition) – in the middle of, surrounded by; during.
widen (verb) – spread, expand, enlarge, increase.
coronavirus (CoV)(noun) – a large family of viruses that cause illness ranging from the common cold to more severe diseases. common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death. (Courtesy: WHO)
outbreak (noun) – sudden appearance/occurrence (of a disease); outburst, epidemic.
portend (verb) – indicate, signal, foretell, augur.
bellwether (noun) – a trendsetter; an indicator of future trends.
plunge (verb) – fall/drop, plummet, tumble, nosedive suddenly & uncontrollably.
proximate (adjective) – nearest, closest, next to, close.
headlong (adjective ) – hasty, careless, heedless.
spree (noun) – a period of unrestrained/uncontrolled activity.
underlying (adjective) – fundamental, basic, primary.
bearish (adjective) – stupid, foolish, idiotic.
index (noun) – sign, measure; guide, gauge, indication.
no corner left untouched (phrase) – affecting all without any exception.
sell-off (noun) – selling of something (commodity/share) which causes fall in price.
lose ground (phrase) – lose one’s advantage.
retreat (verb) – (of a stock) decline in value.
constituent (noun) – component, element, part.
breadth (noun) – wide range, extent, scope; extensiveness.
muster (verb) – gather, collect, summon up, bring together.
slide (noun) – fall, drop, decline.
mid-cap (noun) – a company with market capitalization between $2 billion and $10 billion. Large-cap is with a large market capitalization, more than $10 billion and Small cap is with less than $2 billion market capitalization.
volatility (noun) – fluctuation, inconsistency, unpredictability.
ominous (adjective) – threatening, menacing, unfavourable, unpromising.
any time soon (phrase) – in the near future.
Equity holdings (noun) – a quantity of shares (equities) held in a company by a particular shareholder. An amount of a particular type of investment owned by a person or organization.
in a big way (phrase) – to a great extent; to a great degree.
cumulative (adjective) – collective, aggregate, total.
fair wind (noun) – it figuratively means a favorable situation. (fair wind generally means a favourable wind. i.e. one blowing in the desired direction of travel for the vessel (ship/boat)).
outlook (noun) – prospects, expectations, likely improvement.
bleaker comparative adjective of bleak (adjective) – unpromising, unfavourable, disadvantageous.
with each passing day (phrase) – as each day passed; as time continues to pass, day by day.
downturn (noun) – decline, setback, blow/upset (in economic activity).
sustained (adjective) – continuous, constant, steady.
loom (verb) – emerge, appear; be imminent, be impending, be close, be threatening.
bailout (noun) – an act of providing financial help/support by the outside investors to a bank/institution which faces serious financial difficulty.
capital-starved (adjective) – deprived of capital (investment by investors).
at first flush (phrase) – be at the beginning of something (the beginning will always be exciting).
tier 1 bonds (noun) – AT-1, short for Additional Tier-1 bonds, are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms. AT1 bonds offer investors a higher return because of the higher risk associated with them, including the possibility of being written down when a bank’s equity base is under threat.
notwithstanding (preposition) – in spite of, despite, regardless of that.
expedite (verb) – speed up, accelerate, quicken.
run the risk (phrase) – do something even if knowing something unpleasant/bad might happen.
undermine (verb) – reduce, diminish, impede, hinder.
concerted (adjective) – coordinated, collaborative, collective; strenuous, vigorous, active.
fiscal (adjective) – financial, monetary, budgetary.
COVID-19 (noun) – coronovirus disease 2019.
Federal Reserve (US) (noun) – the central banking system of the United States (The Reserve Bank of India (RBI) is India’s central banking institution).
benchmark (noun) – standard, guideline, basis.
benchmark interest rate (noun) – the rate that is used as a standard or base to pay interest rate for deposits and loans.
contemplate (verb) – consider, think about, reflect on.
raft (noun) – a large amount of.
pay roll tax (noun) – the payroll tax supports the country’s (U.S) two biggest safety nets: Social Security and Medicare. Workers/employees will pay a certain amount of their wage and salary income into Social Security. And they will pay a small amount of all their earned income for Medicare. Their employers will match those amounts.
payroll tax cut (noun) – exemption provided for employee & employer from the payroll tax, so that they need to pay no payroll tax.
lockstep (noun) – in agreement with someone mindlessly and has exactly the same ideas/opinions that someone else has, often without questioning them in any way.
liquidity (noun) – the availability of liquid assets; liquidity means liquid assets; cash; (liquid asset is an asset which can be easily sold/converted into cash without losing its value); a measure of activity (i.e. the ability to buy or sell easily) in a market.
bolster (verb) – fortify, support, reinforce/buttress.
fragility (noun) – vulnerability, riskiness, unreliability.