English Vocabulary from “The Hindu News Paper” – 30th June 2017

A welcome sale – The Hindu (Jun 30, 2017)

A welcome sale – The Hindu (Jun 30, 2017)

With the Union Cabinet’s ‘in-principle’ approval for the sale of Air India and five of its subsidiaries, a long-standing demand on the reform checklist has been ticked.  For further reading, visit “The Hindu”.

Courtesy: The Hindu

Word List-1

  1. in principle (phrase) – generally, by and large; theoretically.
  2. longstanding (adjective) – long-term, persistent, perennial.
  3. rationale (noun) – reason/basis; principle; motivation.
  4.  shovel (verb) – finish, consume, devour (quickly & in large quantities).
  5. afloat (noun) – out of debt or difficulty.
  6. cater (verb) – service, accommodate, provide for.
  7. bankrupt (noun) – insolvent, financial ruin, failure/collapse.
  8. starve of (verb) – deprive of /need of (something).
  9. bailout (noun) – an act of providing financial help to a failing business.
  10. turnaround plan/strategy (noun) – a plan or strategy to stop a company’s poor performance and to recover it as financially successful.
  11. debt (noun) – liability, financial obligation, borrowed capital.
  12. foot (verb) – pay, pay the bill, settle up.
  13. write-off (noun) – an elimination of a bad debt from the account.
  14. eventual (adjective) – final, ultimate, end.
  15. stake (noun) – share, investment, interest.
  16. bid (verb) – offer, tender, propose.
  17. non-core asset (noun) – a asset of an enterprise which is either not essential or simply no longer used in its business operations.
  18. go (verb) – functioning properly.
  19. disinvestment (noun) – the process of reducing capital investments.

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