The Hindu Editorial (Power play) – Aug 30, 2018

The Allahabad High Court on Monday dismissed a plea from private power producers seeking relief from an RBI diktat to banks to take cognisance of… For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Power play) – Aug 30, 2018.

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Today’s word list-2 for The Hindu Editorial (Power play) – Aug 30, 2018:

plea (noun) – appeal, request, petition.
diktat (noun) – bill, regulation, decree.
take cognisance of (phrase) – attend to, take into account, be prepared for.
stressed loans (noun) – bad loans/troubled accounts, non-performing assets (NPAs), stressed assets; an account where principal and/or interest remains overdue for a period of time.
insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
default (noun) – non-payment, failure to pay, non-remittance
proceedings (noun) – legal actions, reports, accounts.
outstanding (adjective) – unpaid, unsettled, overdue.
discoms (noun) – (electricity) distribution companies (In India).
cost overrun (noun) – it is known as a cost increase, underrated or budget overrun, involves unexpected costs incurred in excess of budgeted amounts due to an underestimation of the actual cost during budgeting.
spare (verb) – pardon, excuse/forgive, leave unpunished.
stick (noun) – criticism/censure, reproach, condemnation.
reservation (noun) – doubt, qualm, reluctance/objection.
credible (adjective) – convincing, acceptable; reasonable.
woes (noun) – troubles, difficulty, problem.
steer (verb) – guide, lead, direct.
stalled (adjective) – interrupted, delayed, stopped.
landmine (noun) – used figuratively to mean an explosive device/mine hidden under or on the ground.
overhaul (noun) – thorough examination, reorganization/restructuring, rearrangement.
rev up (verb) – make something more active/energetic.
stagnant (adjective) – inactive, sluggish, slow-moving/static.
heartening (adjective) – encouraging, boosting, comforting.
obfuscation (noun) – making of something obscure or unclear to understand; evasiveness, confusion.
sanctity (noun) -inviolability; righteousness, goodness.
bankruptcy (noun) – legal state of insolvency. An individual or organisation is declared bankrupt if a court judges that the party involved can no longer meet debt payments to creditors. it is defined as the outcome of a legal procedure.
consolidation (noun) – strengthening, reinforcement, stabilization.
haircut (noun) – a reduction in the mentioned value of an asset.
systemic (adjective) – organizational, constructional, formational.
embark on (verb) – begin, start, undertake.

Note:

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