Financial vocabulary (Day 42)

TODAY VOCABULARY
Word & its Details

1. Subsitence (Noun)

Elaborated meaning : supporting one self at mininmum level
Synonyms: livelihood,ration,sustenance
Antonyms : bills,debt,ignorance
Example :The minimum income is to be provided by govt to bakward people for subsistence.

2. staple (Adj)

Elaborated meaning : necessary thing
Synonyms: predominant,chief,essential
Antonyms : auxiliary,extra,inessential
Example :In the north, wheat is likely to be one of the staple crops.

3. waning (Verb)

Elaborated meaning : extremely large.
Synonyms: huge, massive, enormous
Antonyms : little,frugal ,miniscule
Example : Money lendres lending money at colossal interest rates around 25 to 40 % per annum

4. Colossal (Adj)

Elaborated meaning : extremely large.
Synonyms: huge, massive, enormous
Antonyms : little,frugal ,miniscule
Example : Money lendres lending money at colossal interest rates around 25 to 40 % per annum

5. usurious (Adj)

Elaborated meaning : of or relating to the practice of usury.
Synonyms: extorting, avaricious ,greedy
Antonyms : generous , unselfish
Example : Loan rates much above standared 15 % would most likely be attacked as usurious in america .

6.enticing (Adj)

Elaborated meaning : attractive or tempting; alluring.
Synonyms: : tempting, alluring, attractive
Antonyms : boring ,disenchanting,disgusting
Example :Enticing the unbanked won't be easy.

7. eluded (verb)

Elaborated meaning : evade or escape from (a danger, enemy, or pursuer)
Synonyms: evade, avoid, get away from
Antonyms : abet ,aid ,assist
Example :Profit has long eluded for Indian microfinaciers.

8. lucrative (Adj)

Elaborated meaning : producing a great deal of profit
Synonyms: : profitable, gainful, remunerative
Antonyms : poorly paid , unprofitable
Example : If it is not lucrative,It is not microlending it is charity

9.tutelage (Noun)

Elaborated meaning : protection of or authority over someone or something;
Synonyms: guidance, apprenticeship,care
Antonyms : ignorance
Example : the organizations remained under firm government tutelage

10. Contension (Noun)

Elaborated meaning : heated disagreement.
Synonyms: : disagreement, dispute, disputation
Example : the captured territory was one of the main areas of contention between the two countries

Imp word : Exorbitant (Adj)

Elaborated meaning : of a price or amount charged) unreasonably high.
Synonyms: excessively high, excessive, prohibitive
Antonyms : cheap,good,mild
Example : shop owners charge an exorbitant rate for every thing they sell here.

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