A wider net – The Hindu (Jan 31 2018)

A wider net – The Hindu (Jan 31 2018)

The demonetisation of high-value currency notes and the advent of the goods and services tax regime have triggered a surge in the number of those filing taxes in the country. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. advent (noun) – arrival, emergence, materialization/occurrence.
2. surge (noun) – sudden increase, rise, growth.
3. big-bang (adjective) – relating to the introduction major changes in something (economic situation).
4. stride (noun) – a long step or stage in making progress.
5. strip (of) (verb) – dispossess, deprive, divest.
6. threshold (noun) – level, limit; starting point.
7. swell (verb) – grow larger, increase, rise.
8. exchequer (noun) – funds, resources/finances, treasury.
9. vocation (noun) – trade/business, profession.
10. glacial (adjective) – extremely slow.
11. tipping point (noun) – the point in a condition at which a small development/change causes major & unstoppable changes.
12. reckon (verb) – calculate, work out; estimate/evaluate.
13. chink (noun) –  weak point, opening, gap.
14. macroeconomic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
15. inertia (noun) – inactivity, inaction/apathy, resistance to change.
16. underlying (adjective) – fundamental, basic, essential.
17. fiscal deficit (noun) – the difference between total expenditure and total income of the government.
18. current account deficit (noun) – a current account deficit is when a country’s government, businesses and individuals import more goods, services and capital than it exports.
19. exacerbate (verb) – aggravate, make worse, worsen.
20. woe (noun) – trouble, difficulty, problem.
21. deter (verb) – prevent, stop, block/curb.
22. evasion (noun) – avoidance, dodging, bypassing.
23. pie (noun) – total considered as shares of (something).
24. prune (verb) – reduce, cut/trim, decrease.
25. blanket (adjective) – complete, total, wide-ranging.
26. pinch (verb) – hurt, cause pain/distress.

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.