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Today’s article title is: New umbrella entity for retail payments can be ‘for-profit’: RBI
Did you find words that were absolutely new? Great! Below are the explanations given for some of those difficult words you found. Go through them slowly and don’t forget to do the exercises at the end.
Important words and idioms from the article
CRITERIA
Noun
Pronunciation: krahy-teer-ee-uhn
Meaning: something that sets apart an individual from others of the same kind
Synonyms: affections, attributes, attributions, characteristics, traits, markers
Usage: What is the criteria for grading these days?
Forms: Criterion (plural)
COMMENCEMENT
Noun
Pronunciation: kuh-mens-muhnt
Meaning: the point at which something begins
Synonyms: baseline, beginning, genesis, inception, nascence, onset
Antonyms: close, conclusion, end, ending
Usage: The landing is just the commencement of the entire operation.
Forms: Commence (verb)
REMUNERATION
Noun
Pronunciation: ri-myoo-nuh-rey-shuhn
Meaning: payment to another for loss/ payment in exchange of services/goods
Synonyms: compensation, damages, reparation/ compensation, disbursement, payment, remittance
Usage: I will give remuneration for the damage caused to your car/ Your remuneration for one month’s work will be Rs. 50,000
Forms: Remunerate (verb)
ABIDE
Verb
Pronunciation: uh-bahyd
Meaning: accept or act in accordance with
Synonyms: obey, follow, uphold
Antonyms: flout, reject
Usage: I promise to abide by the rules of the organization
Forms: Abidance (noun), Abiding (adjective)
HITHERTO
Adverb
Pronunciation: hith-er-too
Meaning: up to this or that time
Synonyms: heretofore, theretofore, yet
Antonyms: henceforth, henceforward, hereafter, thenceforth, thenceforward, thereafter
Usage: She revealed her hitherto unknown prowess at karate during the tournament
