The Hindu Editorial (Trust deficit) – Sep 30, 2019

The Hindu Editorial (Trust deficit) – Sep 30, 2019

It has been a nightmare of a week for thousands of customers of the Punjab and Maharashtra Co-operative Bank (PMC),… For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Trust deficit)- Sep 30, 2019.

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Today’s word list-2 for The Hindu Editorial (Trust deficit) – Sep 30, 2019:

  1. deficit (noun) – shortfall, deficiency, shortage.
  2. pre-empt (verb) – act in advance to prevent something (anticipated event) happening; forestall.
  3. nightmare (noun) – very unpleasant or frightening experience; ordeal, horror, torment.
  4. clampdown (noun) – crackdown, suppression, prevention/restriction; restraint.
  5. distress (noun) – hardship, adversity, misfortune, bad luck/trouble.
  6. footprint (noun) – the area affected by something.
  7. strikingly (adverb) – noticeably, obviously/evidently, visibly.
  8. ostensible (adjective) – apparent, seeming, alleged/purported.
  9. virtual (adjective) – effective, near.
  10. swimmingly (adverb) – smoothly, easily, effortlessly.
  11. tenure (noun) – term, period, time/spell/stint.
  12. chunk (noun) – a significant amount.
  13. sour/bad loans (noun) – non-performing assets (NPAs), stressed assets/loans; an account where principal and/or interest remains overdue for a period of time.
  14. ironically (adverb) – paradoxically, unexpectedly, strangely.
  15. perturb (verb) – worry, disturb, concern.
  16. ten-fold (adverb) – by ten times.
  17. lest (conjunction) – just in case, for fear that, in order to avoid.
  18. weighted (adjective) – influenced, arranged, planned (for someone’s advantage).
  19. insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
  20. bankruptcy (noun) – legal state of insolvency. An individual or organisation is declared bankrupt if a court judges that the party involved can no longer meet debt payments to creditors. it is defined as the outcome of a legal procedure.
  21. indictment (noun) – charge, accusation, citation.
  22. oversight (noun) – management, administration, supervision.
  23. mire (verb) – involve, mix up, entangle/ bog down.
  24. demonetisation (noun) – the act of deprive currency unit (note/coin) of its status as money.
  25. deployment (noun) – the bringing of resources into effective action.
  26. erode (verb) – (gradually) deteriorate, destroy, spoil.
  27. time-bound (adjective) – related to a certain moment or era in time.
  28. systemic (adjective) – constructional, organizational, constitutional.
  29. overhaul (noun) – thorough examination, reorganization/restructuring, rearrangement.
  30. household (noun) – family, house.
  31. mattress money (noun) – the uninvested savings of private individuals; money being held by the borrower in cash some place other than a bank account, and cannot be documented where it came from.

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

Today’s word list-2 The Hindu Editorial (Trust deficit) – Sep 30, 2019:

The Hindu Editorial (Trust deficit) - Sep 30, 2019

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