The Hindu Editorial (Think big) – Sep 29, 2018

The Centre’s decision to increase customs duty on imports of 19 “non-essential” items amounts to tinkering at the margins to address a structural macro-economic issue. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Think big) – Sep 29, 2018.

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Courtesy: The Hindu

Today’s word list-2 for The Hindu Editorial (Think big) – Sep 29, 2018:

tinker with (verb) – try to improve, play around with, try to mend.
narrow (verb) – reduce, decrease, cut down.
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.
amount to (verb) – be regarded as, be equivalent to, be tantamount to.
macroeconomic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
curb (verb) – check, control, restrain.
admission (noun) – acknowledgement, acceptance, recognition/concession.
aggregate (verb) – total, comprehensive, overall.
merchandise (noun) – goods commodities, produce.
elapse (verb) – pass, go by, roll past.
pare (verb) – reduce, cut down, decrease.
clutch (noun) – power, control, domination.
dampen (verb) -decrease, diminish/lessen, reduce.
slide (noun) – fall, drop, decline.
tipping point (noun) – the point in a condition at which a small development/change causes major & unstoppable changes.
salutary (adjective) – beneficial/productive, good, practical.
foster (verb) – encourage, promote/nurture, assist.
outpace (verb) – surpass, outshine, exceed.
expedite (verb) – speed up, accelerate, hurry.
shortfall (noun) – deficit, deficiency, inadequacy.
woo (verb) – try to attract, pursue, persuade/coax.
irony (noun) – paradox, incongruity, peculiarity.
abundance (noun) – a great/large quantity of something; a lot, plentifulness.
reserves (noun) – stock, store, supply.
expeditiously (adverb) – quickly and efficiently.
trajectory (noun) – course, route, path.
sanctions (noun) – action taken, or an order given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc (Courtesy: VOA Learning English).
loom (verb) – emerge, appear, become visible.
post-haste (adverb) – as quickly as possible, without delay, swiftly.
imbalance (noun) – disparity, variation, disproportion.