The Hindu Editorial (Delaying bad news) – Mar 26, 2019

For now, Indian banks burdened by sour loans will not have to admit the true size of their likely losses. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Delaying bad news) – Mar 26, 2019.

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Today’s word list-1 for The Hindu Editorial (Delaying bad news) – Mar 26, 2019:

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.
in line with (phrase) – in accordance with.
enact (verb) – make law, authorize, approve.
breathing space (noun) – interval, break/respite, stoppage.
prematurely (adverb) – too soon, too early, before the usual time.
build up (phrasal verb) – develop, expand, enlarge.
underlying (adjective) – fundamental, basic, primary.
default (verb ) – fail to pay, not pay, renege.
incur (verb) – suffer, sustain/experience; be subject to.
book (noun) – accounts, records.
outstanding (adjective) – unpaid/undue, unsettled, payable.
default (noun) – non-payment, failure to pay, non-remittance.
lay down (phrasal verb) – formulate, stipulate, set down.
implementation (noun) – execution, enforcement, imposition.
forecast (verb) – predict, foretell/foresee, expect.
volatility (noun) – fluctuation, inconsistency, unpredictability.
bailout (noun) – an act of providing financial help/support by the outside investors to a bank/institution which faces serious financial difficulty.
bail-in (noun) – a way of helping a bank or other institution in financial difficulty, in which people/creditors of the bank to bear some of the burden by cancelling a part of the debt they are owed .
carry out (phrasal verb) – conduct, perform, execute.
balance sheet (noun) – a statement that shows the financial condition of a company at a particular point in time.
pile (noun) – lot, great/large amount, large quantity.
provision (noun) – term, clause, requirement/condition.
foot the bill (verb) – pay, pay out, settle up (the bill).
bode (well) (verb) – augur, presage, portend (something, a good outcome).