English Vocabulary from “The Hindu News Paper” – 23th June 2017
The clean-up begins – The Hindu (Jun 23, 2017)
Armed with the powers, a little over a month ago, to get lenders and defaulting borrowers to sit down and address the messy task of cleaning up toxic bad debts, the… For further reading, visit “The Hindu”.
- insolvency (noun) – failure/collapse; financial ruin, bankruptcy, indebtedness.
- sit down (phrasal verb) – accept an unwelcoming situation.
- debts (noun) – bill, financial obligation, outstanding payment.
- whip (noun) – used to refer to something acting as a stimulus to action.
- regulatory (adjective) – executive, organizational, management.
- intervention (noun) – the action of intervening.
- imperative (noun) – necessary condition, requisite/requirement, necessity.
- ward off (phrasal verb) – prevent, avert, oppose/resist.
- underscore (verb) – call attention to, emphasize, highlight.
- recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
- divulge (verb) – disclose, reveal, make known.
- in the wake of (phrase) – aftermath, as a consequence of, as a result of.
- downturn (noun) – setbacks, upsets, reverses/reversals.
- onus (noun) – responsibility, duty, burden.
- consortium (noun) – union, league, syndicate/corporation. Consortia is a plural form of consortium.
- expedite (verb) – speed up, accelerate, quicken.
- purview (noun) – range, scope, ambit.
- infancy (noun) – beginnings, early days/stages.
- curtail (verb) – reduce, cut down decrease/lessen.
- the proof of the pudding is in the eating (phrase) – someone can only say something is a success after it has been tried out or used.
- retain (verb) – keep, maintain, reserve.
- at stake (phrase) – at risk /in question.
- liquidate (verb) – close down, wind up/dissolve, terminate.