The Hindu Editorial Vocab - 27th March 2017 Topic 1 : "A timely step: State-owned banks should address their NPAs"

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 The Hindu Editorial Vocab - 27th March 2017 -Topic 1 : "A timely step: State-owned banks should address their NPAs"

1. Turnaround - an important change in a situation that causes it to improve
2. Strive - to try very hard to do something or to make something happen, especially for a long time or against difficulties
3. Unequivocal - clear, definite, and without doubt
4. Missive - an official, formal, or long letter
5. Forsake - to stop doing or having something
6. Infusion - the act of adding one thing to another to make it stronger or better
7. Deterioration - to become worse
8. Erosion - the gradual reduction or destruction of something important
9. Fester - to become infected
10. Amputation - to cut off a part of the body
11. Harness - to control something
12. Crucial - extremely important or necessary
13. Revolving-door - a place or situation in which the people stay for a short time only, with the result that people are often arriving and leaving
14. Redress - something that you do for someone or money that you give to them as a way of improving a bad situation that you are responsible for
15. Burgeoning - developing quickly
16. Ultimatum - a statement that orders someone to do something and threatens to punish or attack them if they do not
17. Consequence - a result of a particular action or situation, often one that is bad or not convenient
18. MoU - Memorandum Of Understanding (a document that records the details of an agreement between two companies or organizations, which has not yet been legally approved)
19. Vested - a special reason for wanting things to happen in a particular way, because you will benefit from this
20. Simultaneously - happening or being done at exactly the same time
21. Haircut - a reduction in an amount of money, such as the price of a share or bond
22. Feasible - possible or likely to succeed
23. Vigilance - always being careful to notice things, especially possible danger
24. Stipulation - to say exactly how something must be or must be done
25. Significant - important or noticeable
26. Spectre - the possibility of something unpleasant that might happen in the future
27. Incentive - something that encourages a person to do something