Today’s “Word of the Day” is “defray” and it is a verb meaning “pay, pay for, cover, meet, settle (a cost or expense)”.
Example Sentence: As India seeks more technical expertise and investment in rare earths and chip making and Singapore seeks to defray some of the growing land and labour costs of its semiconductor industry, the two could make a perfect fit, also de-risking the process from U.S.-China-Taiwan tensions, American protectionist policies and Chinese predatory practices. This could also correct the drop in Singapore’s FDI levels into India.
This word is present in Periodic reset: On India-ASEAN ties, ‘Act East’ policy and click here to read it.
Courtesy: The Hindu
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