Eazyprep brings to you ‘Words in News’, an easy and interesting way to learn vocabulary important for your exam. Now discover new meanings while also going through current affairs articles at the same time!

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