The Hindu Editorial (Bucks for the banks) – Jul 06, 2019

The maiden budget of Nirmala Sitharaman has many interesting features, but it does not have a defining central theme. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Bucks for the banks) – Jul 06, 2019.

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Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (Bucks for the banks) – Jul 06, 2019:

spur (verb) – stimulate, prompt, encourage/motivate.
revitalise (verb) – re-energize, strengthen, revive.
defining (adjective) – determining, deciding.
fiscal deficit (noun) – the difference between total expenditure and total income of the government.
push through (phrasal verb) – succeed in passing a law accepted by the people who oppose it.
fiscal conservative (noun) – one who favors a balanced budget, preferring spending cuts or tax increases to borrowing, and wants to decrease government size, and promote a free market.
indulgence (noun) – extravagance, luxury/comfort, extra.
capital infusion (noun) – introduction of additional funding from successful divisions of a business to the weak division which is is not doing well.
plague (verb) – afflict, torment, trouble.
credit freeze (noun) – a situation in which actions by a government force banks to stop lending money.
comprehensively (adverb) – completely, thoroughly, fully.
liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
solvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is able to pay its debts. (possession of excess assets than liabilities).
window (noun) – opportunity, chance, opening.
pooled assets (noun) – it is the grouping together of resources (assets, equipment, personnel, effort, etc.) for the purposes of maximizing advantage or minimizing risk.
of a piece (phrase) – similar, alike, the same.
come under (phrasal verb) – be subjected to.
ambit (noun) – scope, range, bounds.
equitable (adjective) – fair, reasonable, sensible.
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.
concede (verb) – admit, acknowledge, accept.
debenture (noun) – a long-term debt instrument (savings bond) issued by a company to borrow money that is paid back over a long period of time and at a fixed rate of interest.
tenure (noun) – term, period, time.
mismatch (noun) – discrepancy, inconsistency, contradiction
reiteration (noun) – the process of repeating something (some action) for clarity/emphasis.
disinvestment (noun) – the process of reducing capital investments.
stake (noun) – share.
angel tax (noun) – a tax that is levied on the funding received by startups from an external investor. The 30% tax is levied when startups receive angel funding at a valuation higher than its ‘fair market value’.
off the table (phrase) – to be withdrawn and no longer available for consideration.
faceless (adjective) – anonymous, impersonal.
rent-seeking (noun) – a behavior which does not create economic gains for society, instead it helps a company/organisation/individual using their resources to get economic gain.
assessee (noun) – a person by whom any tax or any other sum of money is payable under the Income Tax Act (of India).
scrutinise (verb) – examine carefully, inspect; investigate.
sop (noun) – compromise, adjustment, modification.
nudge theory (noun) – a flexible and modern change-management concept for understanding of how people think, make decisions, and behave; it is a concept in behavioral science, political theory and behavioral economics which proposes positive reinforcement and indirect suggestions as ways to influence the behavior and decision making of groups or individuals.
put to use (phrase) – to use; to utilize; to apply.
mobility (noun) – adaptability, flexibility, adjustability.
commendable (adjective) – admirable, praiseworthy, laudable.
set off (phrasal verb) – cause, lead to, start/trigger.
nudge (noun) – encouragement, prompt, stimulus.
ecosystem (noun) – a set of interconnected products and services.
incentive (noun) – stimulus, impetus, boost.
stick to (phrasal verb) – abide by, adhere to, fulfil.
glide path (noun) – trajectory, approach; a series of actions taken to get the expected result.
exaggerated (adjective) – enlarged, overblown, magnified/overstated/inflated.
imply (verb) – say indirectly, suggest, hint.
ambitious (adjective) – difficult, exacting, formidable/challenging.
slowdown (noun) – economic decline, recession, slump/depression.
buffer (noun) – shield, screen, barrier/guard.
come up with (phrasal verb) – propose, put forward, suggest.
slide (verb) – fall, drop, decline.
protectionist (adjective) – relating to the use of tariff and non-tariff restrictions on imports to protect domestic producers from foreign competition.
kernel (noun) – seed, grain.
send out (phrasal verb) – produce, create, give out.
retrograde (adjective) – unprogressive, negative, reverse/regressive.