A timely step – The Hindu (March 27, 2017)

A timely step – The Hindu (March 27, 2017)

The Finance Ministry’s unequivocal missive to 10 state-owned lenders to submit time-bound turnaround plans, or forsake any further capital infusion from the government, is a small yet timely step in the right direction. For further reading, visit “The Hindu”.

This preview is provided here with permission.

Courtesy: The Hindu

Word List-1:

  1. turnaround plan/strategy (noun) – a plan or strategy to stop a company’s poor performance and to recover it as financially successful.
  2. strive (verb) – make an effort, try hard, aim/attempt.
  3. unequivocal (adjective) – unambiguous, unmistakable, indisputable.
  4. missive (noun) – message, communication, notification/announcement.
  5. time-bound (adjective) – relating to a certain moment or era in time.
  6. forsake (verb) – renounce, give up, abandon, discard.
  7. Capital infusion (noun) – Often refers to the cross-subsidization of divisions within a firm . When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions.
  8. flag (verb) –  indicate, signal, point out.
  9. deterioration (noun) – worsening, decline, collapse/failure.
  10. administer (verb) – manage, direct, control/regulate.
  11. tough love (noun) – A political policy designed to encourage self-help by restricting Governmental benefits.
  12. come to a (pretty) pass (phrase) – reach a bad/regrettable condition.
  13. fester (verb) – suppurate, become septic, form/secrete pus (spoil, deteriorate, degrade).
  14. amputation (noun) – the (surgical) act/procedure of cutting off (a limb-leg/hand)
  15. harness (verb) – use, utilise, make use of.
  16. revolving door (noun) – happening of some actions/events again and again continuously.
  17. redress (verb) – rectify, correct/set right, reform/improve.
  18. burgeoning (adjective) – growing/increasing rapidly, mushrooming, snowballing/skyrocketing.
  19. ultimatum (noun) – order, rule, decree/command.
  20. vested interest (noun) – personal/private interest of a person/group.
  21. in concert with (phrase) – in combination with, in collaboration with, in cooperation with.
  22. haircut (noun) – write-down (a reduction in the estimated or nominal value of an asset) on the value of debt.
  23. stipulation (noun) – condition, provision, prerequisite.
  24. have one’ work cut out (phrase) – to have a tough task.
  25. spectre plural form of spectrum (noun) – a wide range.



  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.

1 Comment

Leave a Reply

Your email address will not be published.