In a remote region of Rajasthan in northern India, an experiment in a new form of development financing is under way. For the past year, my organisation, Educate Girls, has been running a programme to enrol more girls in school and improve children’s literacy and numeracy, backed by a development impact bond (DIB). For further reading, visit “The Guardian”.
Courtesy: Guardian News & Media Ltd.
Today’s Words:
- Literacy (noun) – the ability to read and write; knowledge.
- Numeracy (noun) – understanding of numbers and quantitative basics.
- Back (verb) – sponsor, finance, fund.
- Enrol (verb) – register, enter, join, apply.
- Timespan (noun) – a length/period of time.
- Pilot (noun) – experimental, exploratory, trial, model, preliminary.
- Get off the ground (idiom) – get going, begin, start, start off.
- Outcome payer – It can be a foundation or a government agency, enters into a contract to pay for specific, measurable social outputs and outcomes. (Courtesy: Instiglio).
- Intervention (noun) – involvement, intercession, participation.
- Recoup (verb) – get back, regain, recover.
- Under a microscope (idiom) – under somebody’s examination/supervision.
- Curriculum (noun) – educational programme, module, subject(s), course(s),
- Fall behind (phrasal verb) – fail; lag, trail, not keep pace, fall back.
- Outset (noun) – start, beginning, onset, inception, launch.
- Deep-seated (adjective) – firmly established (at the root level).
- Inequality (noun) – lack of equality, imbalance, inequity; bias, prejudice, discrimination.
- Scrutiny (noun) – careful examination, inspection; check, audit, review, analysis.
- At scale – on a larger scale.
- Trigger (noun) – something which is initiating some action/process.
- Dilute (verb) – weaken, diminish, reduce, decrease, lessen.
- Catalyse (verb) – to cause/accelerate some action/process.
- Sustainable (adjective) – maintainable, dependable, defensible.
- Deploy (verb) – use, utilize, make use of, employ.
- Rigour (noun) – meticulousness, precision, accuracy, carefulness.
- Pioneer (noun) – pathfinder, front runner, founder, innovator.
Note:
- 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/ .
- Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press.
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