The Hindu Editorial (Not just liquidity) – Oct 16, 2018

The default of Infrastructure Leasing & Financial Services (IL&FS) on several of its debt obligations over the last couple of months has raised serious. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Not just liquidity) – Oct 16, 2018.

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Today’s word list-2 for The Hindu Editorial (Not just liquidity) – Oct 16, 2018:

1. liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
2. default (noun) – non-payment, failure to pay, non-remittance
3. debt obligation (noun) – debt/liability (loans, bonds, leases, and other debt instruments), financial obligation, borrowed capital.
4. debt pile (noun) – debt accumulation.
5. saga (noun) – chain/series of events.
6. underlying (adjective) – fundamental, basic, primary.
7. sustain (verb) – continue, carry on, protract.
8. shaky (adjective) – questionable, unreliable, undependable.
9. roll over (phrasal verb) – contrive, manage, extend (a financial obligation/arrangement).
10. credit crunch (noun) – economic decline, downturn, credit squeeze.
11. aftermath (noun) – consequence, result/outcome, repercussion.
12. put an end to (phrase) – end, stop, abolish.
13. amidst (preposition) – amid, in the middle of; during.
14. precipitous (adjective) – sudden, rapid, quick.
15. defining moment (noun) – a point in life when someone is urged to make an important decision, or when someone experience something that fundamentally changes everything.
16. fuel (verb) – stimulate, boost, support.
17. demise (noun) – end, failure, collapse/downfall.
18. be bogged down (phrasal verb) – prevent, entangle, restrict/be stuck.
19. non-performing loans (noun) – bad loans; non-performing assets (NPAs), troubled accounts, stressed loans; an account where principal and/or interest remains overdue for a period of time.
20. systemic (adjective) – constructional, organizational.
21. warrant (verb) – justify, vindicate, validate.
22. fraught with (adjective) – full of, filled with, loaded with.
23. in the midst of (phrase) – in the middle of.
24. prolonged (adjective) – continuous, ongoing, persistent.
25. unsustainable (adjective) – undefendable, unjustified/insupportable, irrational.
26. bubble (noun) – a situation when the prices of something rise so sharply above their intrinsic (basic) value and making a sudden collapse.
27. bailout (noun) – an act of providing money or financial assistance by the outside investors (usually given by the government) to organisations/industries which faces serious financial difficulty, that are on the verge of going bankrupt.
28. hazard (noun) – danger, risk, peril.
29. lifeline (noun) – preservation, conservation, means of escape.
30. tap (into) (verb) – draw on, exploit, make use of/utilize.

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. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

Today’s word list-2 for The Hindu Editorial (Not just liquidity) – Oct 16, 2018:

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