Can anyone help me out with the following sentences: Sentence 1: Everyone is grievously underestimating the effects of deflation.
I looked up what grievously means and it says very serious and often causing great suffering or pain. So what does the sentence mean-everyone is seriously underestimating the effects of deflation? Sentence 2 :Banks are overstuffed with dud loans. "dud" means useless but why are the loans useless?
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- hasibul212003
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- tommywallach
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Re: Can anyone help with the following sentences?
Hey Hasibul,
Yes, grievously is just standing in for "seriously" or "really". In the second case, a dud loan is one that's never going to get paid back (the point of a loan is to make money for the bank...that's how a bank doesn't make money on a loan). In an RC passage, there'd probably be more context, but in a TC/SE q, you'd probably be expected to figure this out on your own. It'd be a toughie!
-t
Yes, grievously is just standing in for "seriously" or "really". In the second case, a dud loan is one that's never going to get paid back (the point of a loan is to make money for the bank...that's how a bank doesn't make money on a loan). In an RC passage, there'd probably be more context, but in a TC/SE q, you'd probably be expected to figure this out on your own. It'd be a toughie!
-t
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