The Hindu Editorial (Capital idea?) – Dec 24, 2018

With just months to go for the general election, the government looks all set to open the credit taps of the economy. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Capital idea?) – Dec 24, 2018.

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Today’s word list-2 for The Hindu Editorial (Capital idea?) – Dec 24, 2018

recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
prudently (adverb) – wisely, sensibly, carefully.
infuse (verb) – add, introduce.
starve of (verb) – divest of something necessary.
afloat (adjective) – out of danger/difficulty; out of debt.
tranche (noun) – (of money) a portion/division of something.
climb out (phrasal verb) – move out (from a space) with an effort.
prompt corrective action (PCA) (noun) – a mechanism that is forced by the RBI upon Banks that show signs of stress on any of the standard stress parameters. Under the PCA, the RBI’s role is not just advisory in nature, but it can also push for changes in banks that the RBI may consider necessary to reduce the stress on the balance sheet of banks.
framework (noun) – structure, scheme/system, organisation.
semblance (noun) – resemblance, likeness, similarity/similar nature.
over the hump (phrase) – on the road to recovery, getting better, making progress (from the difficult/worst part).
obviously (adverb) – clearly, evidently, plainly.
fly (verb) – move quickly.
objective (noun) – intention, purpose, target/aim.
nurse (verb) – foster, encourage, nurture.
apportion (verb) – share out, divide out, allocate/distribute.
loan waiver (noun) – the borrower (farmer) is exempted from repayment of loan due to a poor monsoon or natural calamity and the Centre or State governments which offer loan waiver, will take over the liability of farmers and repay the banks.
per se (adverb) – by itself, as such, intrinsically.
grapple with (phrasal verb) – tackle, deal, struggle.
prudence (noun) – cautiousness, carefulness; foresight/forethought.