Constituency- The residents of a district (political)

Debacle- A sudden, disastrous collapse, downfall

Endorse- Approve, support

Incumbent- Current office holder

Partisan- One-sided; prejudiced; committed

Abdicate- Renounce; give up

Antiquated- Obsolete; outdated

Bourgeois- Middle class; selfishly materialistic

Caste- Hereditary social classes

Emancipate- To set free

Enterprising- Ready to undertake ambitious projects

Expedite- To hasten the process of

Forfeit- To lose or surrender

Franchise- Business licensed to sell a product in a territory

Impecunious- Without money

Industrious- Diligent, hard-working, productive

Insolvent- Bankrupt, lacking money to pay

Jargon- Language used by a particular group or business

Lucrative- Highly profitable