The Hindu Editorial (The growth dichotomy) – Nov 14, 2023
In September, the Index of Industrial Production or IIP rose 5.8%, almost half the 14-month-high 10.3% growth in August. Most economists anticipated a 7% to 8% uptick in the month that marks,... For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (The growth dichotomy) – Nov 14, 2023.
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The Hindu Editorial (The growth dichotomy) – Nov 14, 2023:
- dichotomy (noun) – a division/separation/partition of something (ideas, things, groups, or etc.) into two parts that are either entirely different from each other or completely opposite to each other; duality, polarity.
- Index of Industrial Production (IIP) (noun) – a composite (combined/complex) indicator that measures the changes in the volume of production of a basket of industrial products during a given period with respect to the volume of production in a chosen base period.
- index (noun) – an (economic) data figure reflecting something (e.g. price/quantity) compared with a standard or base value; pointer, indicator.
- slowdown (noun) – economic decline, recession, slump/depression.
- anticipate (verb) – expect, predict, foresee, forecast, foretell.
- uptick (noun) – a small increase or upward trend.
- mark (verb) – show, indicate, represent, denote.
- onset (noun) – start, beginning, arrival.
- packed (adjective) – filled, overloaded, overcrowded, overfull.
- drop (noun) – decrease, reduction, decline, slump, depreciation.
- year-on-year (adjective) – year over year (for comparison).
- drop (verb) – fall, sink, slip, go down, decrease.
- month-on-month (adjective) – used to compare data for one month with that in previous months.
- clock (verb) – register, record; attain, achieve.
- contraction (noun) – In economics, it refers to a decline in national output as measured by gross domestic product.
- apparel (noun) – clothes, clothing, garments, dress, attire.
- sequential (adjective) – happened in sequence/order/succession; consecutive, subsequent, successive, continuous.
- belie (verb) – fail to justify; fail to fulfil (a hope/expectation); contradict, prove to be false, disprove, falsify.
- ramp up (phrasal verb) – increase (in amount or number).
- inventory (noun) – all the items, goods, merchandise, and materials held by a business/firm for selling in the market to earn a profit; a complete list of items (in stock).
- in anticipation (phrase) – expecting something will happen; in preparation for something.
- lack of confidence (noun phrase) – disquiet, doubt, misgiving, suspicion, uncertainty.
- impulse (noun) – urge, need, drive, desire; stimulus, fillip, impetus.
- reflect (verb) – indicate, show, display, demonstrate, reveal, exhibit.
- consumer durables (noun) – manufactured products/goods (such as TV, fridge, AC, motorbike, car & etc) which last for an extended period of time.
- consumer non-durables (noun) – products/goods (such as food, clothing, fuel, etc.) which are produced for immediate use and frequently replaced by the consumer.
- on top of (phase) – in addition to, besides, as well.
- sequentially (adverb) – in succession, successively, continuously.
- broadly (adverb) – in general, on the whole, commonly, generally.
- small-ticket (noun as modifier) – having a relatively low price; inexpensive.
- fell past tense of fall (verb) – decrease, decline, lessen, drop, slump, plummet.
- perhaps (adverb) – maybe, possibly.
- quarter (noun) – a period of three months (considered as one-fourth of a year).
- lift (verb) – raise, increase, improve, buoy up.
- weigh in (phrasal verb) – to have influence (in a decision/discussion/plan/argument/activity); be important to, carry weight, make an impression on, make a contribution to.
- central bank (noun) – the banking regulator of a county’s banking system. (e.g. The Reserve Bank of India (RBI) is the central bank of India).
- 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.
- outpace (verb) – surpass, exceed, be more than.
- projection (noun) – opinion, surmise, notion, guesswork, supposition; prediction, indication, forecast, speculation, prognosis, calculation (of future events or trends).
- splice (verb) – join, unite, connect, tie, interweave.
- asymmetry (noun) – non-uniformity, unevenness, lopsidedness, imbalance, disproportion; disconnectedness, disunity, discordance, incoherence, disorganization.
- fork in the road (phrase) – (figuratively) a deciding moment/point where a decision, one of two possibilities, has to be made.
- lie (verb) – exist, be located, be present, be situated.
- by/in contrast (phrase) – when compared to another.
- resilient (adjective) – able to recover quickly from difficulties/problems, quick to bounce back; adaptable, flexible; strong, sturdy.
- infrastructure (noun) – the basic physical or organisational structure or framework that a country or organization needs in order to function properly. For a whole nation, it includes all the physical systems such as buildings, roads & railways networks, utilities, etc.
- capital goods (noun) – capital goods are man-made, durable items that businesses use to produce goods and services. They include tools, buildings, vehicles, machinery, and equipment. Capital goods are also called durable goods, real capital, and economic capital.
- public (adjective) – government.
- capital spending/capital expenditure (CAPEX) (noun) – the money spent on the acquisition of assets like land, buildings, machinery, equipment, as well as investment in shares.
- inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
- eat into (phrasal verb) – use up, utilize, absorb, consume, exhaust, drain, deplete.
- all but (phrase) – nearly, almost, practically, more or less.
- propensity (noun) – tendency, inclination, predisposition, readiness, disposition.
- going forward (phrase) – in the future.
- front-load (verb) – allocate a major portion of (something) at the beginning.
- moderate (verb) – reduce, lower, decrease, lessen, weaken.
- likely (adverb) – probably, presumably, potentially, doubtlessly.
- volatility (noun) – unpredictability, instability, unreliability.
- tide (noun) – movement; trend, tendency, course of events.
- ebb (verb) – diminish, decrease, fade away, disappear; it also means recede, retreat, flow back, go out.
- fragile (adjective) – vulnerable, risky, unreliable, insecure.
- watch (verb) – observe, follow, monitor, look at, keep an eye on.
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 purposes only and they may vary in a 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.
The Hindu Editorial (The growth dichotomy) – Nov 14 2023:
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