WORD LIST-2 (JAN 25, 2021) H 1. storm (noun) – trouble, disturbance, controversy. 2. the calm after the storm (phrase) - the period during which things improve after a difficult time. 3. tighten (verb) – make stricter, make more rigorous, make more stringent, stiffen, toughen. 4. scrutiny (noun) – examination, inspection, investigation. 5. non-banking financial company (NBFC) (noun) – a company incorporated under the Companies Act 2013 or 1956 which is engaged in the business of loans and advances, acquisition of stocks, equities, debt etc issued by the government or any local authority. The main objective of this type of a company is to accept deposits under any scheme or manner. 6. financial stability (noun) – financial stability is a condition where the financial system is able to withstand internal or external economic shocks and also able to smoothly conduct its core tasks. 7. shift (noun) – change. 8. regulatory (adjective) – supervisory, managerial, controlling. 9. a light touch (phrase) – a careful way of handling/doing something. 10. overhaul (noun) – reorganization, restructuring, rearrangement. 11. framework (noun) – structure, system organization. 12. shadow banks (noun) - non-bank financial companies that provide services similar to traditional commercial banks but outside normal banking regulations. 13. decade (noun) – a period of ten years. 14. multitude (noun) – a lot, a great/large number, a great quantity. 15. high and dry (phrase) – destitute, helpless, without/assistance, without resources; in difficulties, forsaken, abandoned. 16. Credit Reference Bureau (CRB) (noun) - an institution established to monitor the behavior of borrowers with the objective of enabling credit providers to overcome the challenge of Non-performing loans (NPLs) and reduce the loan default risk. 17. renege (verb) – fail to honour, go back on, default on, break one’s word/promise (a commitment/contract). 18. bestow (on) (verb) – confer on, present to, award to, give, grant. 19. central bank (noun) - The banking regulator of a county's banking WWW.EDITORIALWORDS.COMsystem. The Reserve Bank of India (RBI) is the central bank of India. 20. trigger (noun) – cause, reason. 21. balance sheet (noun) – a statement that shows the financial condition of a company at a particular point in time. Note: 1. 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/. 2. 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. 3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited WORD LIST-2 (JAN 25, 2021) H 22. quarter (noun) – a period of three months (considered as one fourth of a year). 23. in absolute terms (phrase) – measured by itself, not in comparison with other things. 24. reflection (noun) – indication, display, demonstration. 25. manifest (verb) – indicate, show, display, exhibit. 26. systemic (adjective) – constructional, organizational, systematic. 27. apparent (adjective) - evident/clear, visible, noticeable, recognizable. 28. Infrastructure Leasing & Financial Services (IL&FS) (noun) - an Indian infrastructure development and finance company. 29. unravel (verb) – fail, collapse, go wrong. 30. default (noun) – non-payment, failure to pay. 31. catalyse (verb) – to cause/accelerate some action/process. 32. collateral (adjective) – incidental, accidental, unintended, resultant. 33. collateral damage (noun) – any death, injury, or other damage inflicted that is an unintended result of a particular operation. 34. liquidity (noun) – the availability of liquid assets; liquidity means liquid assets; cash; (liquid asset is an asset which can be easily sold/converted into cash without losing its value); a measure of activity (i.e. the ability to buy or sell easily) in a market. 35. escalate (verb) – increase, accelerate, intensify, heighten. 36. solvency (noun) - a condition in which the financial difficulties of an individual or organisation are such it is able to pay its debts. 37. insolvency (noun) – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts. 38. 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. 39. descent (noun) – decline. 40. Dewan Housing Finance Corporation Limited (DHFL) (noun) - one of India’s housing finance companies. 41. seek (verb) – try, attempt, aim. 42. strike a balance (phrase) – find a fair & reasonable line of action between two contrasting things. WWW.EDITORIALWORDS.COM43. nimble (adjective) – active, quick, skillful; quick-thinking, clever. 44. mitigate (verb) – reduce, lessen, decrease, make less severe. 45. four-tiered (adjective) - consisting four level/layer. 46. entail (verb) – necessitate, make necessary, require. Note: 1. 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/. 2. 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. 3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited WORD LIST-2 (JAN 25, 2021) H 47. laissez-faire (noun) - French phrase literally means ‘allow to do or let do”; “leave it alone” without government’s intervention; non- interference/non-involvement (of government). 48. plug (verb) – stop, block, seal/close. 49. arbitrage (noun) – buying an asset in one market and selling the same/similar asset in another market to make a profit. 50. vis-à-vis (preposition) - concerning, with regard to, in relation to, as/in comparison with, in connection with (Vis-à-vis from Latin via. French, means literally “face-to-face). 51. norms (noun) – standard, convention, guidelines, criterion. 52. capitalisation (noun) – the total value of all outstanding shares for a publicly-traded company. 53. pose (verb) – constitute, present, create, cause (a problem or danger or risk). 54. due to (phrase) – because of, owing to, on account of, as a result of. 55. tier (noun) – grade, level, step, echelon. 56. envisage (verb) – foresee, predict, forecast, anticipate, expect. 57. ideally (adverb) - in a perfect way. 58. given (preposition) – considering, taking into account, bearing in mind. 59. woes (noun) – trouble, difficulty, problem. 60. holistic (adjective) – relating to an integrated approach that takes care of the “whole thing”, instead of certain parts in it. 61. reboot (noun) – reintroduction, re-establishment, restoration. 62. oversight (noun as modifier) – supervision, surveillance, inspection, administration, management. 63. mechanism (noun) – procedure, process, method/technique. 64. public good (noun) – the benefit of the public; the well-being of the public. 65. blueprint (noun) – model, plan, guide, template, framework. 66. lend (verb) – give, provide, impart, contribute. 67. formalise (verb) – legalize, legitimize, agree to (rules & regulations). 68. fledgling (adjective) – emerging, beginning, developing. 69. hamper (verb) – hinder, obstruct, impede. WWW.EDITORIALWORDS.COM70. constraint (noun) – restriction, limitation, hindrance. Note: 1. 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/. 2. 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. 3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited .