- stimulus package (noun) –
an attempt by the government to boost economic growth and save their country from a financial crisis by involving tax cuts, lowering interest rates and increasing government spending. - relook (noun) –
reconsideration, rethinking, re-examination. - tranche (noun) –
part, section, portion (of something, particularly money). - push (noun) –
motivation, drive, energy. - capital (noun) –
the wealth (in the form of money and assets) needed to produce goods and services. - keep (something) to the minimum (phrase) –
keep something as small/low as possible. - empower (verb) –
authorize, allow, entitle. - constituency (noun) –
the people (voters), in a particular area, who vote to elect a legislator. - fisc (noun) –
treasury, exchequer. - fiscal (adjective) –
financial. - drawal (noun) –
withdrawal, drawing; the act of taking out or drawing from various sources. - provision (noun) –
financial measures or arrangements. - fiscal (year) (noun) –
financial year. - pillar (noun) –
mainstay, tower of strength. - 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. - crank up (phrasal verb) –
increase, raise, make larger, enlarge, expand, augment. - set something in motion (phrase) –
propel, drive, move, get going. - stimulus (noun) –
it refers to attempts to use monetary or fiscal policy (or stabilization policy in general) to stimulate the economy; impetus, boost, incentive, fillip. - resort (noun) –
recourse to, turning to, the use of, utilizing. - deficit financing (noun) –
the fiscal situation where expenditure is higher than the revenue. In this situation, government borrows funds to meet excess spending/expenditure. - reserve (verb) –
retain, keep, secure (for future/emergency use). - subside (verb) –
diminish, decline, abate, get lower. - lockdown (noun) –
an emergency protocol implemented by the authorities that prevents people from leaving from a place; An extended state of confinement/encirclement/isolation of a person by the authority. - desperate (adjective) –
urgent, pressing, compelling. - drive (verb) –
propel, move, push, get going. - prevailing (adjective) –
existing; current. - fraction (noun) –
a (small) proportion/part/amount of something. - given (preposition) –
considering, taking into account, bearing in mind. - handicap (noun) –
impediment, hindrance, obstacle/difficulty. - fiscal stimulus (noun) –
Government measures, normally involving increased public spending and lower taxation, aimed at giving a positive jolt to economic activity. - after all (phrase) –
most importantly, above all, beyond everything. - ride on (phrasal verb) –
depend on. - compensate (verb) –
recompense, repay, pay back, reimburse (for one’s losses). - leverage (verb) –
use, make use of, utilize (to maximum gain). - grant (verb) –
give, provide, confer. - milestone (noun) –
major achievement, turning point, milepost, landmark/watershed. - enthuse (verb) –
motivate, spur/stimulate, encourage. - fall in line (phrase) –
conform with others. - unleash (verb) –
let loose, release, set free. - open up (phrasal verb) –
make available (to create/start developing new opportunities). - private participation (noun) –
involvement of the private sector in a partnership with the government to delivery goods or services to the public. - corporatise (verb) –
to convert a government-controlled enterprise into an independent (commercial) company. - monolith (noun) –
a large structure, institution, company, industrial setup (like a giant standing stone). - intent (noun) –
aim, purpose, intention. - follow through (phrasal verb) –
to continue a task to its completion. - in sum (phrase) –
briefly, to come to the point, in essence. - pandemic (noun) –
the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area. - gamble (noun) –
risk, chance. - down the line (phrase) –
at a further point, at a later point.
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