Site icon Editorial Words

On the ledger – The Hindu (Jan 03, 2018)

On the ledger – The Hindu (Jan 03, 2018)

Eight months into the financial year, or until end November, the Union government’s fiscal deficit — the amount by which its expenditure exceeds revenue — had already…… For further reading, visit “The Hindu”.

This preview is provided here with permission.

Courtesy: The Hindu

Word List-2 (To Improve English Vocabulary)

  1. ledger (noun) – account book.
  2. fiscal consolidation (noun) – efforts/steps/strategies of the government to reduce the fiscal deficit and public debt.
  3. underline (verb) – emphasize, highlight, underscore.
  4. fiscal deficit (noun) – the difference between total expenditure and total income of the government.
  5. overshoot (verb) – exceed, be more than, overreach (a financial target).
  6. insight (noun) – understanding, realization, recognition.
  7. disconcerting (adjective) – unsettling, disturbing, embarrassing.
  8. fiscal slippage (noun) – the missing fiscal targets in the country’s budget.
  9. apportion (verb) – share out, divide out, allocate/distribute.
  10. underwhelming (adjective) – unsatisfactory, inadequate, insufficient.
  11. sluggishness (noun) – dullness, slowness, stagnation.
  12. one-off (noun) – something happening only once.
  13. transitional (adjective) – provisional, interim, temporary.
  14. square up (phrasal verb) – face, tackle, deal with (difficulty).
  15. garner (verb) – gather, collect, accumulate.
  16. recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
  17. bolster (verb) – strengthen, support, reinforce.
  18. scale back (phrasal verb) – reduce, lessen, decrease.
  19. sovereign (noun) – independent/self-governing; effective, powerful.
  20. complacency (noun) – self-satisfaction, self-admiration; carelessness/laziness.
  21. reiterate (verb) – repeat, say again, restate.
  22. inflationary (adjective) – tending to cause monetary inflation. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
  23. fiscal gap (noun) – a measure of a government’s total indebtedness.
  24. traction (noun) – an idea or a product gains popularity/acceptance.
  25. footing (noun) – foothold, grip/anchorage, secure position.

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.
Exit mobile version