The Hindu Editorial (Symptom as cause) – Aug 15, 2019

India’s automobile industry is experiencing a snowballing crisis of demand that shows no signs of abating,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Symptom as cause) – Aug 15, 2019.

To read this article, click here.

This preview is provided here with permission.

Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (Symptom as cause) – Aug 15, 2019:

woe (noun) – trouble, difficulty, problem.
slump (noun) – slide, decline, plummet/downturn.
pervasive (adjective) – prevalent, extensive, ubiquitous, omnipresent.
snowball (verb) – increase, rise, escalate rapidly.
abate (verb) – decline, reduce, decrease.
leave alone (phrase) – fail to look after, fail to care for, abandon or desert.
slid past & past participle of slide (verb) – sink, fall, drop, plunge/decline.
steepest (superlative adjective) of steep (adjective) – sharp, sudden, rapid.
the wheels come off (phrase) – things start to fail or go wrong after a period of success.
slump (verb) – decline, worsen, slide/fall.
gloom (noun) – depression, dejection, woe/unhappiness.
dry up (phrasal verb) – fade away, dwindle, wane/subside.
contraction (noun) – decline, decrease, reduction.
toll (noun) – suffering, loss, damage.
lay-off (noun) – dismissal, discharge, unemployment.
lay off (verb) – sack, fire, dismiss; give notice to, pay off.
slowdown (noun) – economic decline, recession, slump/depression.
bear (verb) – display, show, carry.
testament (noun) – witness/evidence, proof, testimony.
mainstay (noun) – central component, centrepiece, chief support, backbone.
aggregate (adjective) – total, combined, whole.
sluggish (adjective) – inactive, dull, slow.
bedevil (verb) – afflict, torment, trouble.
liquidity crunch/crisis (noun) – an acute shortage (or “drying up”) of liquidity. liquidity means liquid assets; cash; (liquid asset is an asset which can be easily sold/converted into cash without losing its value).
non-banking financial company (NBFC) (noun) – a company incorporated under the Companies Act 2013 or 1956 which is engaged in the business of loans and advances, acquisition of stocks, equities, debt etc issued by the government or any local authority. The main objective of this type of a company is to accept deposits under any scheme or manner.
credit availability (noun) – the amount of credit to which a borrower has access at a given time.
up front (phrase) – in advance, beforehand, ahead of time.
set up (phrasal verb) – arrange, organize, fix up.
fossil fuel (noun) – non renewable resources (or fossil fuels such as coal, oil and natural gas are formed from the buried /deposited organic materials).
idle (verb) – take out of use; run slowly (of engine), tick over.
overlook (verb) – miss, fail to notice; disregard, neglect/ignore.
mushroom (verb) – increase, expand, grow/develop rapidly
choked (adjective) – clogged, blocked, obstructed.
incentivise (verb) – encourage, motivate, galvanize.
outlook (noun) – prospects/expectations; forecast, projection.
far from (phrase) – not, not at all, nowhere near.
respondent (noun) – litigator, opponent, disputant.
discretionary (adjective) – optional, non-compulsory/non-mandatory, voluntary.
shrink (verb) – lessen, reduce, decrease.
onus (noun) – responsibility, duty, burden.
address (verb) – attend to, tackle, deal with.
contagion (noun) – the spreading of a bad and dangerous idea.