The Hindu Editorial (Pre-emptive strike) – Jun 07, 2018

At the end of an unusually long three-day meeting, the Monetary Policy Committee of the Reserve Bank of India opted for a hike in key interest rates by 25 basis points — the first such increase in four and a half years. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Pre-emptive strike) – Jun 07, 2018.

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Today’s word list-1 for The Hindu Editorial (Pre-emptive strike) – Jun 07, 2018: 

1. pre-emptive (adjective) – preventive, precautionary, protective.
2. inflationary (adjective) – tending to cause monetary inflation.
3. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
4. repo rate (noun) – it is the rate at which the central bank of a country (RBI in case of India) lends money to commercial banks in the event of any shortfall of funds.
5. quell (verb) – abolish, terminate, demolish/thwart.
6. tenure (noun) – incumbency, term of office, period/time in office.
7. unanimously (adverb) – without opposition, agreed to by everyone involved.
8. firming up (noun) – an act of strengthening, increasing, bolstering.
9. Federal Reserve System (US) (noun) – the central banking system of the United States (The Reserve Bank of India (RBI) is India’s central banking institution).
10. exodus (noun) – mass departure, evacuation, leaving/exit.
11. capital outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
12. capital inflow (noun) – a steady movement of capital (amount) into a place, economy, activity etc.
13. portfolio (noun) – investments, shares, bonds.
14. pull out (phrasal verb) – withdraw, leave,  get out.
15. stem (verb) – restrict, control; slow/reduce.
16. spurt (noun) – a sudden burst, increase of activity.
17. steam (noun) – momentum, impetus, strength/energy.
18. at play (phrase) – something active that affects a result.
19. bond yield (noun) – bond yield  is the annualized percentage return that an investor will obtain from buying a bond. In general, the yield of a bond is inversely proportional to its price. This means that as the yield increases, the price decreases (and vice versa).
20. dampen (verb) – decrease, reduce, lower.
21. headwinds (noun) – (in business) situations or conditions that make growth harder/difficult. Tailwinds (noun) – (in business) it describes a situation or condition that will move growth, revenues, or profits higher.
22. mandarin (noun) – a powerful officer, civil servant, functionary/bureaucrat.
23. exacerbate (verb) – aggravate, make worse/worsen, compound.

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. 

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 for The Hindu Editorial (Pre-emptive strike) – Jun 07, 2018:

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