The Hindu Editorial (Reality check) – Jun 28, 2018

The worst is far from over for Indian banks. The financial stability report released by the Reserve Bank of India on Tuesday has warned that… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Reality check) – Jun 28, 2018.

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Today’s word list-1 for The Hindu Editorial (Reality check) – Jun 28, 2018:

reality check (noun) – something which helps us to see a situation with the real facts than ideas, concepts, hopes & etc.
far from (phrase) – not, not at all, nowhere near.
non-performing assets (NPAs) (noun) – bad loans, toxic/ troubled assets;stressed assets/loans; an account where principal and/or interest remains overdue for a period of time.
bottom out (phrasal verb) – to reach a lowest or worst point.
impede (verb) – restrain, hold back, control.
credit growth (noun) – credit offtake; it refers to the growth/increase in the amount of credit that banks lend to the companies, individuals, etc.
provision for (noun) – financial arrangements for future requirements.
risk weighted assets (RWAs) (noun) – The capital amount required to be set aside, stipulated by the Reserve Bank of India for banks. it is the amount (depicted as percentage of loan disbursed) that institutions need to set aside for assets.
deteriorate (verb) – worsen, get worse, decline.
clock (verb) – register/record; achieve, gain.
Federal Reserve System (US) (noun) – the central banking system of the United States (The Reserve Bank of India (RBI) is India’s central banking institution).
on the horizon (phrase) – imminent, impending, approaching.
fiscal deficit (noun) – In simple language, the difference between total revenue and total expenditure of the government is termed as fiscal deficit. it is the amount by which government expenses exceed income.
current account deficit (noun) – The amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
slowdown (noun) – economic decline, depression, recession.
exert (verb) – apply, employ, exercise.
prone to (adjective) – vulnerable, susceptible, at risk of.
in light of (phrase) – considering, taking into account, in view of.
unearth (verb) – detect, discover, find out/expose.
come as no surprise (phrase) – to be anticipated..
lax (adjective) – neglectful, inattentive, careless.
foreword (noun) – preface, introduction, opening statement.
recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
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.
gather (the) courage (phrase) – to try to deal with a difficulty.

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.
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