Time for caution – The Hindu (Sep 18, 2017)

Time for caution – The Hindu (Sep 18, 2017)

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now signs that warrant more caution from policymakers. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. current account deficit (noun) – The amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
2. infamous (adjective) – notorious, disreputable, ill-famed (for something bad).
3. taper tantrum (noun) – it is the term used to refer US Federal bank’s trimming of the amount of money it was feeding into the economy and which resulted sudden increase in its treasury.
4. warrant (verb) – justify, vindicate, validate (a course of action).
5. surplus (noun) – excess, overabundance, superfluity. 
6. starve (of) (verb) – deprive of something necessary.
7. step up (phrasal verb) – increase, escalate, scale up.
8. foreign (exchange) reserves (noun) – forex reserves; foreign currency assets held by the central banks of countries. 
9. appreciate (verb) – increase, gain, build up/rise (in value).
10. impending (adjective) – imminent, close/near, upcoming.
11. tap (into) (verb) – draw on/exploit, make use of/utilize.
12. debt (noun) – liability, financial obligation, borrowed capital.
13. volatile (adjective) – unpredictable, fluctuating, changeable.
14. prolonged (adjective) – continuous, ongoing, steady.
15. unsavoury (adjective) – disreputable, unpleasant, disagreeable.
16. macroeconomic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
17. unhedged (adjective) – (of investment) not protected against loss/financial risk.
18. volatility (noun) – likely to change in a very sudden or extreme way.

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. Use it with the corresponding article published on the source (website) via the link provided. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.